The Dollar Amount of a Bond's Par Value That Is

question 42

Multiple Choice

The dollar amount of a bond's par value that is exchangeable for one share of stock is called the:

• A) conversion premium.
• B) par value.
• C) conversion value.
• D) conversion price.
• E) conversion ratio.

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Definitions:

Electron

A subatomic particle with a negative charge, fundamental to electricity and chemical bonding.

Light

Electromagnetic radiation that is visible to the human eye, with wavelengths approximately between 380 and 750 nanometers.

Particles

Small localized objects to which can be ascribed several physical properties such as volume or mass; often used in the context of physics to discuss components of atoms and molecules.

Electrical Current

The flow of electric charge through a conductor or circuit, typically measured in amperes.