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Business, 26.03.2020 19:08 hdbvhf

One of your customers owns 20 XYZ 6% debentures in their portfolio. The XYZ debentures are convertible with a conversion price of $25. The market value of the bonds is 105, and the common stock is currently trading at $29.50 per share. In this situation, what is the best advice you can give to your customer

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One of your customers owns 20 XYZ 6% debentures in their portfolio. The XYZ debentures are convertib...
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