If the Price of Common Share Associated with a Convertible

question 44

Multiple Choice

If the price of common share associated with a convertible bond is less than the conversion price:

• A) the bond will sell at its pure bond value.
• B) the bond will sell at its par value.
• C) the bond will sell at its conversion value.
• D) there is not enough information to tell what the bond price will be.

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