What is the conversion ratio for each of the following


What is the conversion ratio for each of the following bonds?

a. A $1,000-par-value bond that is convertible into common stock at $43.75 per share.

b. A $1,000-par-value bond that is convertible into common stock at $25 per share.

c. A $600-par-value bond that is convertible into common stock at $30 per share.

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Finance Basics: What is the conversion ratio for each of the following
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