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Business, 14.08.2021 01:00 DaFuzzyDude

A corporation has issued a 4% $60 par convertible stock with a conversion price of $20. With the preferred stock selling at $66 per share, an investor holding 100 shares of this stock would benefit by converting if the price of the common stock was

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A corporation has issued a 4% $60 par convertible stock with a conversion price of $20. With the pre...
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