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Which the effect of converting bonds into common stock

Assignment Help Financial Accounting
Reference no: EM132968688

Problem 1: The effect of converting bonds into common stock on the firm's earnings per share is

Option 1: Earnings Per Share always rises

Option 2: Earnings Per Share always falls

Option 3: Earnings Per Share may increase, decrease, or stay unchanged

Option 4: None of the answers provided is correct

Reference no: EM132968688

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