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  3. Study Set
    Financial Management Theory and Practice Study Set 4
  4. Exam
    Exam 20: Hybrid Financing: Preferred Stock, Warrants, and Convertibles
  5. Question
    A Convertible Debenture Can Never Sell for More Than Its
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A Convertible Debenture Can Never Sell for More Than Its

Question 7

Question 7

True/False

A convertible debenture can never sell for more than its conversion value or less than its bond value.

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