Business, 28.07.2019 07:40, Meap12345678910

Aconvertible debenture is convertible into common at $40 per share. if the market price of the bond rises to a 10 point premium over par, which statements are true? i the conversion ratio is 20: 1 ii the conversion ratio is 25: 1 iii the parity price of the stock is $44 iv the parity price of the stock is $50 a. i and iii b. i and iv c. ii and iii d. ii and iv

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Aconvertible debenture is convertible into common at $40 per share. if the market price of the bond...