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    Principles of Managerial Finance
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    Exam 17: Hybrid and Derivative Securities
  5. Question
    A Conversion Feature Is an Option That Is Included as Part
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A Conversion Feature Is an Option That Is Included as Part

Question 127

Question 127

True/False

A conversion feature is an option that is included as part of a common stock issue that allows its holder to change the stock into a stated number of shares of preferred stock.

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