suppose you own a convertible bond that has a conversion ratio equal to 50. Each convertible bond has a face value equal

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suppose you own a convertible bond that has a conversion ratioequal to 50. Each convertible bond has a face value equal to$1000.The current market value of the company's commons stocks is$19 , and the bond is selling for $980.
a)if you convert the bond into common stock how many shares ofstock can you receive[12:53 PM]20
30
40
50
100
B) what is the conversio price?
C) If you convert the bond into common stock, what is theconversion value