Question 2 Question ID: 1558030 One of your customers owns 10HBH...
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Accounting
Question Question ID: One of your customers owns Creations convertible callable debentures. The conversion price into HBH common stock is $ With the current market price of the HBH Creations stock at $ the company publishes a notice that all of the debentures will be called in thirty days at a price of When the customer calls for your advice, you would probably recommend A accepting the call. B selling the stock. C exercising the conversion privilege. D selling the debenture.
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One of your customers owns Creations convertible callable debentures. The conversion price into HBH common stock is $ With the current market price of the HBH Creations stock at $ the company publishes a notice that all of the debentures will be called in thirty days at a price of When the customer calls for your advice, you would probably recommend
A accepting the call.
B selling the stock.
C exercising the conversion privilege.
D selling the debenture.
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