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The conversion ratio is the ratio at which a convertible security can be exchanged for a...

The conversion ratio is the ratio at which a convertible security can be exchanged for a nonconvertible security. True or False

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Statement is true : The conversion ratio is the ratio at which a convertible security can be exchanged for a nonconvertible security

Conversion ratios determine the number of share investor will exchange for convertible security for  non convertible security.

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