Business
Business, 14.03.2020 00:51, rivera6681

A corporation has issued 10%, $1,000 par convertible debentures, convertible at $40. The common stock is currently trading at $45. If the bond and the common are trading at parity, a customer purchasing 5M of the bonds will pay:.A. $4,950.B. $5,000.C. $5,625.D. $6,550.

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A corporation has issued 10%, $1,000 par convertible debentures, convertible at $40. The common stoc...

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