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A bond is convertible at $20 and is purchased for $1,100. if the common stock of the issuer appreciates and is currently selling for $25 per share, what is the conversion value …

A bond is convertible at $20 and is purchased for $1,100. if the common stock of the issuer appreciates and is currently selling for $25 per share, what is the conversion value …
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A bond is convertible at $20 and is purchased for $1,100. if the common stock of the issuer appreciates and is currently selling for $25 per share, what is the conversion value of the common stock?

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User Shivcena
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1 Answer

2 votes
I got 52 I hope that helped plz mark me as brainielest...
answered
User Kingkong Jnr
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