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Write the word or phrase that best completes each statement or answers the question.
-Given , evaluate the following.
(a)
(b)
(c) f(55
Convertible Debentures
A type of bond that can be converted into a predetermined number of shares of the issuing company’s stock at certain times during its life, usually at the discretion of the bondholder.
Conversion Value
The monetary value of a convertible security (such as a convertible bond) if it were converted into a predetermined number of shares of common stock, generally at the discretion of the holder.
Par Value
The face value of a bond or stock, as stated on the certificate, which is the minimum stated value.
Convertible Debentures
Bonds that can be converted into a predetermined amount of the issuing company's equity at certain times during their life, usually at the discretion of the bondholder.
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