Business, 02.06.2021 04:30, jdiddy25

A corporation has issued $100 par, 8% convertible preferred stock, callable at par. The preferred is convertible into 1.4 shares of common stock. Currently, the preferred stock is trading at $105 while the common stock is trading at $72.75. The corporation calls the preferred stock at par. To realize the largest profit, a customer holding 100 shares of preferred stock should:

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A corporation has issued $100 par, 8% convertible preferred stock, callable at par. The preferred is...