Based on Empirical Studies,firms Tend to Call Convertible Bonds When

question 33

Multiple Choice

Based on empirical studies,firms tend to call convertible bonds when the conversion value is:

• A)less than the conversion price.
• B)greater than the straight bond value.
• C)greater than the call price.
• D)less than the face value.
• E)equal to the straight bond value.

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