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Find out the conversion price for each of the following conversion bounds;

a) A $1,000-par-value bound that is convertible into 20 shares of common stock.

b) A $500-par-value bond that is convertible into 25 shares of common stock.

c) A $1,000-par-value bond that is convertible into 50 shares of common stock.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91145574

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