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(with explanation pls) 1. A put bond permits a. the investor to convert the bond into stock b. the firm to call the bond c.
(with explanation pls)
1. A put bond permits
a. | the investor to convert the bond into stock
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b. | the firm to call the bond
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c. | the firm to pay a variable rate of interest
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d. | the investor to sell the bond back to the company |
2. As the price of common stock rises,
a. | the value of convertible bonds and convertible preferred stock rises
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b. | the value of convertible bonds and convertible preferred stock declines
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c. | the value of convertible bonds rises but convertible preferred stock falls
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d. | the value of convertible bonds falls but convertible preferred stock rises |
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