Conversion price is the value of a convertible security as measured by the market price of the common stock into which it can be converted.

Name: Conversion price is the value of a convertible security as measured by the market price of the common stock into which it can be converted.
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Question

Quizplus · Accepted Answer

The conversion price is the predetermined price at which a convertible security can be converted into common stock, not its value as measured by the market price of the stock.

Conversion Price Is the Value of a Convertible Security as Measured