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Business, 19.03.2020 08:58 demahjanaytinsley

Petrenko Corporation has outstanding 2,000 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bonds are converted on December 31, 2020, when the unamortized discount is $30,000 and the market price of the stock is $21 per share.

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Petrenko Corporation has outstanding 2,000 $1,000 bonds, each convertible into 50 shares of $10 par...
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