微信扫一扫
实时资讯全掌握
A company has made an issue of 8% convertible bonds with a par value of $100. The bonds can be redeemed in four years time at $130, or converted into shares at the rate of 40 shares per $100 bonds. At which of the following share prices would an investor not opt for redemption? A. $3.50 B. $2.00 C. $2.50 D. $3.00 |