A convertible bond has a par value of 1000 but its current
A convertible bond has a par value of $1,000, but its current market price is $950. The current price of the issuing company's stock is $19, and the conversion ratio is 40 shares. What is the bond's conversion premium?
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a convertible bond has a par value of 1000 but its current market price is 950 the current price of the issuing
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