Why Is Crude Oil Currently the Only Raw Material from Which

question 63

Multiple Choice

Why is crude oil currently the only raw material from which synthetic polymers can be made?

• A)They cannot be made from anything else.
• B)It is the most convenient and economical raw material.
• C)Crude oil is a fossil fuel with an endless supply available.
• D)Synthetic polymers are made to mimic natural ones.

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares, usually at the discretion of the bondholder.

Conversion Value

The financial worth of a convertible security if it is converted into a different form, usually shares of the company's common stock.

Straight Bond Value

The value of a bond that pays fixed interest payments and does not have any additional features such as convertibility or callable options.

Conversion Value

The worth of a convertible security if it is converted into a different asset, usually common stock, at the current market price.