A Bond Has a Conversion Ratio of 22, a $1,000

question 60

Multiple Choice

A bond has a conversion ratio of 22, a $1,000 par value, and a market price of $1,038. The stock is selling for $46.14. What is the conversion value?

• A)$1,009.16
• B)$1,015.08
• C)$1,038.60
• D)$1,049.35
• E)$1,053.50

---

Definitions:

Denisovan Genome

The genetic blueprint of the Denisovans, an extinct species of archaic humans, obtained from ancient DNA samples.

Introgression

The transfer of genetic material from one species to another through hybridization and backcrossing, leading to the incorporation of foreign genes into a population.

Synonymous Substitution Rate

The rate at which point mutations occur in a DNA sequence that do not alter the encoded amino acid due to the redundancy of the genetic code.