convertible debentures for kulik corp were issued


Convertible debentures for Kulik Corp. were issued at their $1,000 par value in 2012. At any time prior to maturity on February 1, 2032, a debenture holder can exchange a bond for 25 shares of common stock. What is the conversion price, Pc?

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Finance Basics: convertible debentures for kulik corp were issued
Reference No:- TGS0500552

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