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Business, 17.04.2020 00:00 sadsociety41

Kolb Corp. has $1 million face amount, 7% convertible bonds issued at par outstanding. Each $1,000 bond can be converted into 40 shares of common stock. The company's tax rate is 40%. The incremental effect of the bonds on diluted EPS will be

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Kolb Corp. has $1 million face amount, 7% convertible bonds issued at par outstanding. Each $1,000 b...
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