Which of the following is an advantage of convertible bonds??
A. ?Investors can convert the bonds into higher coupon rate bonds.
B. ?Investors can choose to hold the company's bonds or convert the bonds into its stock.
C. ?Investors are paid a penalty on the conversion of the bonds.
D. ?Investors are redeemed for the difference between the face value and the market price on redemption of the bonds.
E. ?Investors can claim interest for the remaining life of the bonds on the bonds' early conversion.
Answer: B
You might also like to view...
A strengthening of the home-country currency swings exchange rates in a favorable direction
Indicate whether the statement is true or false
When the corporation declares a stock dividend, a stockholder's percentage ownership in the stock of the corporation ________
A) will decrease B) can increase or decrease C) will increase D) remains unchanged
On April 1, Year 1, Raines Co. purchased and placed a plant asset in service. The following information is available regarding the plant asset:Acquisition cost $130,000Estimated salvage value$15,000Estimated useful life 5 yearsMake the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the double-declining-balance depreciation method:
What will be an ideal response?
Which of the following is not part of the FTC policy statement for determining if a practice is deceptive?
a. there is a misrepresentation or omission of information in a communication to consumers b. the deception is likely to mislead a reasonable consumer c. there is proximate cause between the deception and the losses suffered by consumers who are misled d. the deception is material?likely to mislead the consumer to his or her detriment e. all of the other choices are a part of the deception standard