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Convertible bonds are (choose all that apply) a. options attached to bonds that give the bondholder the right to purchase stock at a preset price
Convertible bonds are (choose all that apply)
a. options attached to bonds that give the bondholder the right to purchase stock at a preset price without giving up the bond. | ||
b. bonds in which the issue matures (converts) a little each year | ||
c. bonds collateralized with certain types of automobiles | ||
d. bonds that may be converted to a certain number of shares of stock determined by the conversion ratio. |
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