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Business, 21.02.2020 20:37 imgraciebaker

The conversion price of CRX’s convertible ($1,000 par) subordinated debentures is $40 and the present market price of CRX common stock is $48. Determine the present conversion value of the convertible issue.

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The conversion price of CRX’s convertible ($1,000 par) subordinated debentures is $40 and the presen...
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