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An investor purchases $100 par convertible preferred stock at $80 per share. the preferred stock is convertible into common at $20 per share. the current market price of the common is $10 per share. if the investor were to convert, he or she would receive how many shares of common stock? a 4 b 5 c 8 d 10
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An investor purchases $100 par convertible preferred stock at $80 per share. the preferred stock is...
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