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(The Following Data Apply to Following Problems

question 4

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(The following data apply to following Problems . The problems MUST be kept together.)
The following data apply to Saunders Corporation's convertible bonds:
(The following data apply to following Problems . The problems MUST be kept together.)  The following data apply to Saunders Corporation's convertible bonds:    -What is the bond's <u>conversion ratio</u>? A)  27.14 B)  28.57 C)  30.00 D)  31.50 E)  33.08
-What is the bond's conversion ratio?


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