The Conversion Feature of a Bond Is to Give the Issuer

question 70

True/False

The conversion feature of a bond is to give the issuer the opportunity to repurchase bonds at a stated price prior to maturity.

---

Definitions:

Computerised Tomography

A diagnostic imaging technique that uses computer-processed combinations of multiple X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object.

Magnetic Resonance Imaging

A non-invasive imaging technology that produces detailed images of the body’s internal structures using a large magnet, radio waves, and a computer.

Electrographic Tomography

A brain imaging technique that measures electrical activity on the scalp and generates images of the brain's electrical activity.

Electric Current

Electric current is the flow of electric charge, carried by electrons moving through a conductor.