Which of These Is $\bold{not}$ Normally a Condition Attached to Convertible Notes?
A)fixed Interest Rate

question 36

Multiple Choice

Which of these is $\bold{not}$ normally a condition attached to convertible notes?

• A)fixed interest rate
• B)conversion to take place between 2 and 10 years from the date of issue
• C)the note-holders to decide when to convert the notes to ordinary shares
• D)the notes are secured

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