V vitamin New member Joined Apr 3, 2006 Messages 0 Reaction score 0 Apr 5, 2006 #1 How do I convert $10,000,000 convertible bonds to common stock at 35 shares per $1,000 face value? Thanks a lot for help!
How do I convert $10,000,000 convertible bonds to common stock at 35 shares per $1,000 face value? Thanks a lot for help!
G Ganadamu New member Joined Apr 5, 2006 Messages 0 Reaction score 0 Apr 5, 2006 #2 (10,000,000*35)/1000 =350,000