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A convertible provision in a bond certificate normally allows the Multiple Choice O O issuer to convert a fixed interest rate to a variable interest

A convertible provision in a bond certificate normally allows the Multiple Choice O O issuer to convert a fixed interest rate to a variable interest rate. borrower to convert a short-term debt to long-term debt. issuer's Chief Executive Officer (CEO) to convert stock option to debt. bondholder to convert the bond investment into a common stock investment

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