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Business, 11.11.2019 22:31 pollywallythecat

On january 1, 2021, ventrini international issued $10 million of 9%, 10-year convertible bonds at 101. the bonds pay interest on june 30 and december 31. each $1,000 bond is convertible into 40 shares of ventrini’s no par common stock. bonds that are similar in all respects, except that they are nonconvertible, currently are selling at 99. ventrini applies international financial reporting standards. upon issuance, ventrini should:

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On january 1, 2021, ventrini international issued $10 million of 9%, 10-year convertible bonds at 10...

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