Convertible Bonds Are Attractive to Investors Because

Multiple Choice

Convertible bonds are attractive to investors because

A) the issuing company cannot retire the bonds before maturity.
B) they can be converted into stock by the issuing company.
C) they usually carry a higher rate of interest than non-convertible bonds.
D) they usually carry a lower rate of interest than non-convertible bonds.
E) they can be converted into stock at the holder's option.