A 100 par convertible debenture has a conversion price for


A $100 par convertible debenture has a conversion price for common stock of $28 per share. With the common stock selling at $37, what is the conversion value of the bond?

Solution Preview :

Prepared by a verified Expert
Finance Basics: A 100 par convertible debenture has a conversion price for
Reference No:- TGS02870920

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)