Series 7 Exam Prep - Adjusting the Conversion Price of a Convertible Bond for a 10% Stock Dividend

To compute a new conversion price, divide the current conversion price by 100% plus the percent increase in shares. $50 / 110% = $45.45

[nathanpeters]

Love these explications. They make things so much easier to understand.

[brookesharpton]

I just passed my 7 this morning! I recently found out about your page and thank goodness! I used knopman for my study materials but you really connected the dots. And your practice questions were more written like the exam. I felt knopman had me going into the weeds about things that didn’t matter. Anyways, thank you!!!!

[dmoney]

Just passed the Series 7 today Dean & I just wanted to say thank you. You are such a valuable resource to anyone looking to take a license & I can't recommend your channel enough