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Conversion values is $7000 and conversion rate received on stock conversion is 370 then current market price of stock is

Conversion values is $7000 and conversion rate received on stock conversion is 370 then current market price of stock is Correct Answer $18.92

Current market price of stock = Conversion values ÷ Conversion rate received on stock conversion
= $7000 ÷ 370 = $18.92.

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