How would you convert basic price to market price
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Explanation:
Example of a Market Conversion Price
Assuming that the bond's ratio at the time of the conversion is $500, and its conversion ratio is 10 shares per bond, then the market conversion price for the shares would be $50 per share. This is calculated by dividing the $500 bond ratio, by the 10 common shares ($500/10).
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#### The market conversion price is a current prise of a company's common stock when received in exchange for a convertible security . ####
****The market conversion prise is determine by dividing the current market price of the convertible security by the security's conversion ratio . . . . ****
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