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1. Convertible bonds can be converted into predetermined number of preferred stocks in future. True False 2. Convertible bonds can be converted into predetermined number

1. Convertible bonds can be converted into predetermined number of preferred stocks in future.
True
False
2. Convertible bonds can be converted into predetermined number of common stocks in future.
True
False
3. Suppose that strike price of a put option is $50. The long put starts receiving positive pay off when S>50.
True
False

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