What is the conversion price pc

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Reference no: EM131321593

Convertible debentures for Kulik Corporation were issued at their $1,000 par value in 2012.

At any time prior to maturity on February 1, 2032, a debenture holder can exchange a bond for 25 shares of common stock. What is the conversion price, P_c?

Reference no: EM131321593

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