A 1000 face value bond has a conversion ratio of 40 you
A $1000 face value bond has a conversion ratio of 40. You estimate the transaction costs of conversion to be 3% of the face value of the bond. What price must the stock reach in order for you to convert?
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a 1000 face value bond has a conversion ratio of 40 you estimate the transaction costs of conversion to be 3 of the
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