FILL THE BLANK. the ____ gives the number of shares for which each convertible bond can be exchanged.

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asked Nov 8, 2024 224k views

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Nazaria · Answer 1 · 2024-11-13T00:52:43+0000

Answer:Conversion Ratio of Convertible Bonds

Step-by-step explanation:

The conversion ratio—also called the conversion premium—determines how many shares can be converted from each bond. This can be expressed as a ratio or as the conversion price and is specified in the indenture along with other provisions.

FILL THE BLANK. the ____ gives the number of shares for which each convertible bond can be exchanged.

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