Which of the Following Statements About Bonds That Are Both

question 67

Multiple Choice

Which of the following statements about bonds that are both convertible and callable is NOT true?

• A) If these bonds are called by the issuer, the holder can choose to convert them rather than let them be called.
• B) Prior to maturity, the value of such bonds will be greater than the shares of stock that bond can be converted into.
• C) The decision to be made by the bondholders when the bonds are called is the same as they would have to make at maturity.
• D) By calling the bonds, the issuer can force bondholders to decide to convert at a time of the issuer's choice.

---

Definitions:

Posttraumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Acute Stress Disorder

A disorder in which fear and related symptoms are experienced soon after a traumatic event and last less than a month.

Dissociative Amnesia

A dissociative disorder marked by an inability to recall important personal events and information.

Traumatic Episode

A distressing experience that causes intense emotional and physical reactions, which can lead to long-term psychological effects.