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    Exam 10: Bonds and Stocks: Characteristics and Valuations
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    A Bond That Can Be Changed into a Specified Number
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A Bond That Can Be Changed into a Specified Number

Question 123

Question 123

Multiple Choice

A bond that can be changed into a specified number of shares of the issuer's common stock is called a:


A) retractable bond
B) convertible bond
C) callable bond
D) collateralized bond

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