Convertibility tristar corporation issued a 1000 bond at

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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?

Reference no: EM13573882

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