A convertible bond has a par value of 1000 and a conversion
A convertible bond has a par value of $1,000 and a conversion ratio of 20. If the underlying stock currently sells for $40 and the bond sells at par, what is the conversion premium? The conversion value?
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a convertible bond has a par value of 1000 and a conversion ratio of 20 if the underlying stock currently sells for 40
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