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? Round your answer to two decimal places. 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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