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Jeun Kim Lee owns 500 shares of Porkburger Class C convertible preferred stock. Each share is convertible into three shares of Porkburger common stock. At the close of business yesterday, Porkburger Class C preferred sold for $56 a share. The common stock sold for $20.65 a share. If Mr. Lee were to exercise the conversion feature, the value of his portfolio would

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Jeun Kim Lee owns 500 shares of Porkburger Class C convertible preferred stock. Each share is convertible into three shares of Porkburger common stock. At the close of business yesterday, Porkburger Class C preferred sold for $56 a share. The common stock sold for $20.65 a share. If Mr. Lee were to exercise the conversion feature, the value of his portfolio would






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