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_____ Are Open-Ended Questions That Enable Respondents to Reply in Their

question 7

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_____ are open-ended questions that enable respondents to reply in their own words.


Definitions:

Conversion Value

The worth of a convertible security if it was converted into a different security, typically shares of the issuing company, at the current market price.

Straight Bond Value

The present value of a bond's future interest payments and its redemption value at maturity.

Conversion Price

The predetermined price at which convertible security can be exchanged for another asset, often shares of the issuing company's stock.

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