The major attraction of convertible bonds is

A) the option to convert subordinated debentures into senior securities.
B) the option to convert the bond into shares of the company's stock.
C) the option to convert the bonds into longer term securities when they mature.
D) the absence of a call provision allows the value of the bonds to increase at the same rate as the company's stock while the owner still collects interest.

Answer: B

Business

You might also like to view...

Attribution is the ability to look at social behavior from another culture's view

Indicate whether the statement is true or false.

Business

An agent (in a host nation) of a principal is subject to the laws of the principal's country

Indicate whether the statement is true or false

Business