When a Convertible Bond Is Called

question 22

Multiple Choice

When a convertible bond is called,
1. interest ceases to accrue
2. the bondholder receives the principal
3. the bondholder generally converts the bond
4. dividends are paid to the bondholder

• A)1 and 3
• B)1 and 4
• C)2 and 3
• D)2 and 4

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Definitions:

Cranial Nerve

One of the twelve nerves that originate in the brain and control sensory and motor functions of the head and neck.

Apical Pulse

The heartbeat as heard with a stethoscope placed on the chest wall at the apex of the heart.

Carotid Bruits

Abnormal sounds heard over the carotid arteries typically due to turbulent blood flow indicating arterial narrowing or disease.

Jugular Veins

Veins located on both sides of the neck that return blood from the head to the heart.