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Business, 23.09.2019 16:20 TheOriginalMeyah

Aconvertible bond is convertible into common stock at a 32: 1 ratio. the common stock is currently trading at $30. the bond is currently trading at $980. what is the parity price of the common stock?

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Aconvertible bond is convertible into common stock at a 32: 1 ratio. the common stock is currently t...
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