Business, 03.03.2020 19:44 eric271828

Ford Motor Company has issued 8% convertible debentures, convertible at a 25:1 ratio. Currently the debenture is trading at 110. The stock is trading at 38. What is the conversion price of the stock?
25
38
44
40

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Ford Motor Company has issued 8% convertible debentures, convertible at a 25:1 ratio. Currently the...