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Conversion value is the amount which investors will receive by immediately exchanging the bonds for equity stock and selling the stock at prevailing market price of the common stock. The formula for conversion value is given below:
Conversion value = Conversion ratio + Market price of the common stock
Restatement of investment appraisal In the following solution the tax allowances in relation to the initial outlay on equipment are evaluated separately. Other approaches are a
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The authority and duties of members (shareholders) Members and shareholders shall together and severally protect, conserve and actively exercise the supreme authority of the co
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