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    Intermediate Accounting Study Set 14
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    Exam 15: Financial Instruments: Complex Debt and Equity
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    When a Bond Matures, an Investor Will Cash It in If
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When a Bond Matures, an Investor Will Cash It in If

Question 101

Question 101

True/False

When a bond matures, an investor will cash it in if the market price of the convertible bond is higher than the conversion price of the bond.

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