vane4376 vane4376

21-11-2019
Business

contestada

An investor purchases $100 par convertible preferred stock at $80 per share. The preferred stock is convertible into common at $20 per share. The current market price of the common is $10 per share. If the investor were to convert, he or she would receive how many shares of common stock? A 4 B 5 C 8 D 10

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aminhazem18 aminhazem18

26-11-2019

Answer:

100000

Explanation:

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