What Is a Bond Referred to as If It Can

question 12

Multiple Choice

What is a bond referred to as if it can be converted into shares of stock of a firm other than the bond issuer?

• A)swap bond
• B)alternate bond
• C)exchangeable bond
• D)convertible bond
• E)callable bond

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Definitions:

Justice

A principle of fairness or moral rightness that dictates the equitable treatment of all individuals within a society.

Accountability

The duty of a person or entity to justify their actions, take accountability for those actions, and reveal the outcomes in a clear way.

Ethical Principle

Fundamental guidelines that help determine the rightness or wrongness of actions within a professional or societal context.

Fidelity

The degree of accuracy and exactness with which something is copied or reproduced, or loyalty and faithfulness to commitments and obligations.