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╰┈➤1.18 (in decimal) & 1 9/50
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Hence We can convert currency values into decimal and fraction by conversions
The amount an investor would get if a convertible security was converted into common stock is known as conversion value. This figure is calculated by multiplying the conversion ratio (the number of shares received per bond) by the common stock market price.
As we don't know in which form to convert let's take indian rupees to solve
As per current value
The conversion value for 1 DIME to 0.000318 INR.
similarly conversion value for 23 pennies
1pennies=97.18 Indian
⇒23 pennies=97.18*23=2235.14=223514/100
Similarly conversion of 1 quarter in rupees 21.3926= 213926/10000
Learn more about conversion value https://brainly.com/question/97386
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