Which of the Following Is Not a Characteristic of Convertible

question 58

Multiple Choice

Which of the following is not a characteristic of convertible bond issues?

• A) the average size of the offering is small
• B) a 15-20% conversion premium at time of issue is common
• C) large companies with billions of dollars in sales and assets are the primary issuers
• D) primary issuers tend to have less than AA credit ratings

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Definitions:

Samsung

A multinational conglomerate corporation based in South Korea, known for its electronics, appliances, and technology products.

Quantity

The amount or number of a material or immaterial good or service.

iPads

A brand of tablet computers designed and marketed by Apple Inc., known for their touch screen interface and mobile operating system.

Supply Analysis

The examination of factors that influence the quantity of a product or service that the market can offer at various prices.