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Conversion values is $9500 and conversion rate received on stock conversion is 460 then current market price of stock is

Conversion values is $9500 and conversion rate received on stock conversion is 460 then current market price of stock is Correct Answer $20.65

Current market price of stock = Conversion values ÷ Conversion rate received on stock conversion
= $9500 ÷ 460 = $20.65.

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