The conversion premium for a convertible bond is computed using the formula:
A) (Current price - conversion price) /conversion price.
B) (Conversion price - current price) /conversion price.
C) (Current price - conversion price) /current price.
D) (Conversion price - current price) /current price.
Correct Answer:
Verified
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Q241: What is the conversion ratio?
A) 9.8
B) 12.3
C)
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A)
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