Into how many shares will convertible bond be converted


Bond to Common Shares. The conversion price of common stock is $20 a share. Into how many shares will a $1,000 convertible bond be converted?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Into how many shares will convertible bond be converted
Reference No:- TGS0678710

Now Priced at $5 (50% Discount)

Recommended (98%)

Rated (4.3/5)