Breuer investments convertible bonds have a 1000 par value, Finance Basics

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Breuer investments convertible bonds have a 1000 par value

Question: Breuer Investment's convertible bonds have a $1,000 par value and a conversion price of $50 a share. What is the convertible issue's conversion ratio? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Breuer investments convertible bonds have a 1000 par value

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