The Holder of a Convertible Bond Is Required to Convert

question 98

True/False

The holder of a convertible bond is required to convert the bond into stock at maturity.

---

Definitions:

Instrumentally Valuable

Something valued not for its own sake, but for the utility it brings in achieving something else considered as an end.

Permissible

Allowed or permitted within a certain set of rules, laws, or ethical guidelines.

Judith Jarvis Thomson

A philosopher best known for her contributions to moral philosophy and bioethics, including her influential defense of abortion rights in "A Defense of Abortion."