A Convertible Security Is Almost Always

question 2

Multiple Choice

A convertible security is almost always

• A) a security that can be converted into any other type of security.
• B) a debt security that can only be converted into preferred or common stock.
• C) a security that can be converted into common stock at the holder's option.
• D) a security that can be converted into common stock only at the option of the issuing corporation.

---

Definitions:

Rules

Explicit or understood regulations or principles governing conduct within a particular activity or sphere.

Equifinality

A principle that states in complex systems, a given end state can be reached by many potential means or from different initial conditions.

Multifinality

A principle in psychology that suggests the same beginnings can lead to multiple outcomes, highlighting how varied end states can arise from the same initial condition.

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking on the internet.