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    Principles of Corporate Finance
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    Exam 24: The Many Different Kinds of Debt
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    If a Corporate Security Can Be Exchange for a Fixed
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If a Corporate Security Can Be Exchange for a Fixed

Question 76

Question 76

Multiple Choice

If a corporate security can be exchange for a fixed number of shares of stock,the security is said to be:


A) callable.
B) convertible.
C) protected.
D) none of the options.

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