Ask Question
11 December, 02:31

A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at par. If the bond's market price increases by 20%, the conversion ratio will be:A. 25:1B. 32:1C. 40:1D. 48:1

+2
Answers (1)
  1. 11 December, 06:10
    0
    c:40:1 OR B:32:1
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at par. If ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers