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Exam F3 Topic 1 Question 258 Discussion

Actual exam question for CIMA's F3 exam
Question #: 258
Topic #: 1
A company has convertible bonds in issue.
The following debt is apply (31 December 20X0):
* Conversion ratio- 20 shares for each $130 bond.
* Current share price - $4 50
* Expected annual growth in share price - 5%
Advise the bond Holder at which date the convers on would be worthwhile?

Suggested Answer: D Vote an answer

by Vita at Jul 31, 2025, 08:51 AM

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