Current market price is multiplied to conversion rate received on conversion...

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Current market price is multiplied to conversion rate received on conversion to calculate

A. conversion value

B. current value

C. market value

D. stock value

Answer: Option A

Solution (By Examveda Team)

Current market price is multiplied to conversion rate received on conversion to calculate conversion value. The term conversion value refers to the financial worth of the securities obtained by exchanging a convertible security for its underlying assets.

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