Question

The conversion values is $7000 and the conversion rate received on stock conversion is 370 then current market price of stock is

a.

16.92

b.

18.92

c.

13.92

d.

11.92

Answer: (b).18.92

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Q. The conversion values is $7000 and the conversion rate received on stock conversion is 370 then current market price of stock is

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