blubberfish4818 blubberfish4818

05-03-2020
Business

contestada

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

Respuesta :

dkingjohin1 dkingjohin1

05-03-2020

Answer:

c:40:1 OR B:32:1

Explanation:

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