Compare commercial banking with investing banking

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1. Jorge bought APJ Inc.'s convertible bond at par ($1,000) with a yield of 3.25%. This bond had a conversion ratio of 25:1 at the price of $40 per share. If APJ Inc.'s shares are currently trading at $35 per share, should Jorge convert his bonds into shares?

2. Compare commercial banking with investing banking. Which type of banking has impacted the US economy the most in recent years?

Reference no: EM131950060

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