The holders of zzz corporations bond with a face value of


The holders of ZZZ Corporation's bond with a face value of $1,000 can exchange that bond for 35 shares of stock. The stock is selling for $25.00. What is the conversion price?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The holders of zzz corporations bond with a face value of
Reference No:- TGS0628125

Expected delivery within 24 Hours