Question

The conversion values is $9500 and the conversion rate received on stock conversion is 460 then current market price of stock is

a.

12.65

b.

15.65

c.

17.65

d.

20.65

Answer: (d).20.65

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The conversion values is $9500 and the conversion rate received on stock conversion is 460 then current market price of stock is

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. Considering the coupon rate, the Brady bonds pay

Q. The bonds issued for longer term and must be sold in the country whose currency is not used in denomination of bonds are classified as

Q. The foreign bonds, sovereign bonds and Eurobonds are classified as types of

Q. The face value of the bond is $550 and the call price of bond is $475 then the value of call premium is

Q. The treasury security in which the final principal payment is separated from periodic interest payment is classified as

Q. For a taxable security, the tax exempted interest rate on municipal bonds used to determine the

Q. The financial institutions having loans swapped for bonds can sell all the bonds in

Q. The bonds that are not pledged against revenue stream or specific assets are classified as

Q. The markets in which bonds are traded and issued are classified as

Q. Who are the primary issuers of capital market securities?

Q. The sum of purchase price and the accrued interest on treasury bonds and notes is considered as

Q. The type of bonds that are swapped to less developed country against an outstanding loan are classified as

Q. According to best efforts offering, the investment bank in return of providing services must

Q. The requirement of certain amount of issued bond that must be retired every year is classified as

Q. In the capital markets, the instruments which are traded having maturity of more than one year is classified as

Q. The debt which depict the historical accumulated record of federal government expenditures is classified as

Q. In financial markets, the STRIPS are also classified as

Q. Considering the bonds characteristics, the corporate and treasury bonds have many

Q. The value of conversion option to bond holder is $220 and the rate of return on non-convertible bond is $350 then rate of return on convertible bond is

Q. The several maturities dates are involved in the issued bonds if the company earnings are classified as

Recommended Subjects

Are you eager to expand your knowledge beyond Financial Management and Financial Markets? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!