What is the conversion ratio for convertible bond


Conversion Ratio. A $1,000 convertible bond permits the holder to convert the bond into five shares of common stock (a) What is the conversion ratio?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the conversion ratio for convertible bond
Reference No:- TGS0678714

Now Priced at $5 (50% Discount)

Recommended (92%)

Rated (4.4/5)