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Author Question: Coupon:0%Conversion Ratio: 158 shares per $1000 principal amountCall Date: July 1, 2008Maturity: ... (Read 95 times)

saliriagwu

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on: Jul 9, 2019
Coupon:0%
Conversion Ratio: 158 shares per $1000 principal amount
Call Date: July 1, 2008
Maturity: July 1, 2015
A firm issues the convertible debt shown above. The price of stock in this company on July 1, 2008 is $6.58. What is the minimum call price that would make a bondholder prefer to accept the call rather than convert?
◦ par plus 4%
◦ par plus 6%
◦ par plus 0.6%
◦ par
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by saliriagwu on Jul 9, 2019

juwms

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saliriagwu

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Reply #2 on: Jul 9, 2019
TY


juwms

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Reply #3 on: Jul 9, 2019
You're welcome


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