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Author Question: Which of the following is most likely to happen with a convertible bond when the market price of the ... (Read 77 times)

curls713

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on: Mar 29, 2022
Which of the following is most likely to happen with a convertible bond when the market price of the stock exceeds the conversion price?  The stock does not pay a dividend.
◦ The bondholders will immediately convert their bonds to stock.
◦ The issuing company will call the bonds and the bondholders will redeem them for the call price.
◦ The issuing company will call the bonds and bondholders will convert them to common shares.
◦ Both the issuing company and the bondholders will wait for the bonds to reach their maturity date.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by curls713 on Mar 29, 2022

psuniv

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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curls713

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Reply 2 on: Mar 29, 2022
:D TYSM

bigsis44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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