Business, 04.07.2020 14:01, Cythina2007

Ford Motor Company has issued 8% convertible debentures, convertible at a 10:1 ratio. Currently the debenture is trading at 94. The stock is trading at $80. What is the conversion price of the stock

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Ford Motor Company has issued 8% convertible debentures, convertible at a 10:1 ratio. Currently the...