The Price at Which a Convertible Bond Would Sell for If

question 50

Multiple Choice

The price at which a convertible bond would sell for if it could NOT be converted into common shares is called:

• A)floor value.
• B)straight bond value.
• C)convertible bond value.
• D)conversion value.

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Definitions:

Sediment

Grains and other fragments that originate from the weathering and transport of rocks, and the unconsolidated deposits that result from the deposition of this material.

Transported

Refers to materials that have been moved from their original location to a new place by natural processes such as erosion or glaciation.

Metamorphic Rock

A type of rock formed through the alteration of pre-existing rocks in response to high heat, pressure, and chemically active fluids.

Deposition

The process by which sediments, soil, and rocks are added to a landform or land mass, often through the action of wind, ice, and water.