Oliviab7149 Oliviab7149

10-11-2022
Business

contestada

ronald owns a hydro industries 7% convertible bond. the bond is convertible into 30 shares of hydro industries, which is currently trading at $43 per share. the investment value of the bond is $980, and the current market price of the bond is $1,433. what is the conversion value of larry's bond?

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