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Business, 04.03.2020 04:39 stormymoreland375

A customer bought a $1,000 par convertible subordinated debenture at par, convertible into common at $31.25 per share. If the bond's market price increases by 20%, the conversion ratio will be:

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A customer bought a $1,000 par convertible subordinated debenture at par, convertible into common at...
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