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JUL 29 W K 000 000 P F4 When convertible bonds are first issued 1. the conversion price of the stock is higher than the

JUL 29 W K 000 000 P F4 When convertible bonds are first issued 1. the conversion price of the stock is higher than the market price. II. the market price of the stock is higher than the conversion price. III. the coupon rate is higher than if the bond were not convertible. IV. the coupon rate is lower than if the bond were not convertible. OA. I and IV only OB. II and III only OC. II and IV only OD. I and III only F5 atv MacBook Air F6 F7 NA F8 F9

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