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    Corporate Finance
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    Exam 24: Debt Financing
  5. Question
    You Own a Bond with a Face Value of $1000
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You Own a Bond with a Face Value of $1000

Question 42

Question 42

Multiple Choice

You own a bond with a face value of $1000 and a conversion ratio of 45.The conversion price is closest to:


A) $18.
B) $22.
C) $45.
D) $1000.

Correct Answer:

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