beautyrobertson5289 beautyrobertson5289 30-01-2024 Business contestada Ford Motor Company has issued 8 convertible debentures convertible at a 50:1 ratio. Currently, the debenture is trading at 110, and the stock is trading at 21. What is the conversion price of the stock? a) $2.63 b) $2.75 c) $2.90 d) $3.05