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NEW QUESTION: 1
Bubba wants to buy a $4 convertible preferred with that has a $50 par value and is exchangeable for
common stock at $47.50. If the preferred stock is trading at 52, what does Bubba calculate as the
common stock price in order to be at parity with the preferred?
A. 52.00
B. a little more than 54.50
C. 47.50
D. a little less than 49.38
Answer: D
Explanation:
a little less than 49.38. Bubba needs a calculator to divide the par value of the preferred
stock by the price of the common stock. He then divides the result into the price at which the preferred
stock is trading.50 divided by 47.50 = 1.05352 divided by 1.053 = 49.38

NEW QUESTION: 2
What is a benefit of using a Converged Network Adapter instead of a standard Ethernet adapter?
A. direct access to CAN ROM through the operating system
B. ability to support InfiniBand and Ethernet on the same adapter
C. offload SAS protocol
D. support iSCSI, FCoE, and Ethernet on the same adapter
Answer: D

NEW QUESTION: 3

A. Option B
B. Option F
C. Option A
D. Option D
E. Option G
F. Option E
G. Option C
Answer: D,G