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Business, 18.02.2020 17:28 hahalol123goaway

Metlock Corporation issued 2,200 shares of $10 par value common stock upon conversion of 1,100 shares of $50 par value preferred stock. The preferred stock was originally issued at $56 per share. The common stock is trading at $27 per share at the time of conversion.

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Metlock Corporation issued 2,200 shares of $10 par value common stock upon conversion of 1,100 share...
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