FUND CORP FINANCE LL+MYFINLAB >IP<
FUND CORP FINANCE LL+MYFINLAB >IP<
2nd Edition
ISBN: 9781269932110
Author: Berk
Publisher: PEARSON C
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Chapter 15, Problem 13P
Summary Introduction

Conversion ratio: The conversion ratio number of the shares received upon conversion of convertible bonds. It is the computed dividing face value of bond of the face value of the bond by the conversion price of the bond.

Conversion price: The conversion price is the face value of convertible bonds divided by the number of shares if bonds are converted

To determine: The conversion price per share.

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