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Câu 58: CVA: Certified Valuation Analyst

If a $1000 per share value of convertible bond is issued for $1000, and is convertible into 20 shares of issuers common stock that pays no dividend, there will be no economic benefit in converting the debt to stock as long as the common stock is selling for less than $50 per share. If the bond value is indeed in the e…

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If a $1000 per share value of convertible bond is issued for $1000, and is convertible into 20 shares of issuers common stock that pays no dividend, there will be no economic benefit in converting the debt to stock as long as the common stock is selling for less than $50 per share. If the bond value is indeed in the equity- equivalent region, as the value of a single share of common stock increases $1, the bond value will increase:

Các lựa chọn

Đáp án được giữ gọn theo nhãn A, B, C, D trong phần bình chọn tương tác.

  1. A. $25
  2. B. $50
  3. C. $20 — đáp án hiện tại
  4. D. $10

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