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Which of the following statements is false? a. Convertible bonds are bonds that allow the issuing company to require bondholders to purchase stock in exchange
Which of the following statements is false?
| a. | Convertible bonds are bonds that allow the issuing company to require bondholders to purchase stock in exchange for the bond. | |
| b. | Standard revenue bonds are collateralized by the earnings from a specific project. | |
| c. | Bearer bonds are bonds with coupons attached that are redeemable by whoever has the bond. | |
| d. | A Treasury security in which periodic coupon interest payments can be separated from each other and from the principal payment is called a STRIP. |
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