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You are thinking about buying dovia​ co.'s convertible bonds. you plan to convert to equity at the end of the year and you think that​ dovia's common equity will be priced at $ 35 $35 per share at that point. what conversion ratio should​ dovia's bonds have in order for you to expect to be able to convert them at the end of the​ year?

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User Damzam
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1 Answer

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Conversion Ratio = Cost of Conversion / $35
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User Shifloni
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