Mathematics
Mathematics, 16.06.2021 07:10, mandilynn22

GMG Corporation issued unsecured bonds with par value of $1,000, coupon rate of 9% and maturity period of 15 years. These bonds can be exchanged for common share at a price of $5 per share. What is the conversion value?

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GMG Corporation issued unsecured bonds with par value of $1,000, coupon rate of 9% and maturity peri...

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