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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
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As the number of companies borrowing directly from the capital market increases, and as the industrial environment becomes more and more competitive and demanding,
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Explain about the retail and wholesale banks in the commercial banking. Retail and wholesale banks: Commercial banking can also be separated within retail and wholesale b
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Assume a bank charges a 15.5% APR (annual percentage rate) on credit card holder compounds quarterly. What EAR (effective annual rate) is the bank is charging? What if they change
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