In Reality,there Is No Guarantee That Convertible Bondholders Will Convert

question 126

True/False

In reality,there is no guarantee that convertible bondholders will convert to common stock even if the price of the common stock does increase.

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Definitions:

Atomic Symbol

A one or two-letter notation derived from the Latin name of an element, used to represent it in the periodic table and chemical equations.

Bromine

A chemical element with the symbol Br and atomic number 35, known as a reddish-brown liquid at room temperature and part of the halogen group.

Atomic Symbol

A one or two-letter abbreviation derived from the Latin name of an element, used to represent an element in the periodic table.

Boron

A chemical element with the symbol B and atomic number 5, used in fiberglass, borosilicate glass, and as a dopant in semiconductors.