​As the Price of Common Stock Rises

question 29

Multiple Choice

​As the price of common stock rises,

• A) ​the value of convertible bonds and convertible preferred stock declines
• B) ​the value of convertible bonds falls but convertible stock rises
• C) ​the value of convertible bonds rises but convertible preferred stock falls
• D) ​the value of convertible bonds and convertible preferred stock rises

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