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A convertible bond has a par value of $1,000 and a conversion ratio of 20. if the underlying stock currently sells for $40 and the bond sells at par,...

A convertible bond has a par value of $1,000 and a conversion ratio of 20. if the underlying stock currently sells for $40 and the bond sells at par, what is the conversion premium? The conversion value?

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A convertible bond has a par value of $1,000 and a conversion ratio of 20. if the
underlying stock currently sells for $40 and the bond sells at par, what is the conversion
premium? The conversion...

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