Convertibility. Tristar Corporation issued a $1,000 bond at par. The common stock has a market price of $45. The conversion price is $58. (a) Into how many shares can the bond be converted? (b) What...


Convertibility. Tristar Corporation issued a $1,000 bond at par. The common stock has a market price of $45. The conversion price is $58. (a) Into how many shares can the bond be converted? (b) What is the conversion value of the bond? (c) What is the conversion premium?



May 05, 2022
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