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Convertible bonds are 1. options attached to bonds that give the bondholder the right to purchase stock at a preset price without giving up the bond. II. bonds in which the issue matures (converts) a little each year. iii. bonds collateralized with certain types of automobiles. IV, bonds that may be converted to a certain number of shares of stock determined by the conversion ratio. and 11 only I, II, and III iv only I and only fonly