A convertible bond is one that
A)
can be converted into another bond if the issuer goes into bankruptcy.
B)
can be exchanged for a commodity such as silver or gold.
C)
is open-topped, meaning its redemption value can increase over time.
D)
can be converted into a specific number of shares of common stock of the issuer.
D
Business
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Indicate whether the statement is true or false
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In an auto manufacturing company, installing a windshield on the assembly line represents a ________
FIll in the blank with correct word.
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