General Characteristics of Convertible Bonds That Will Be Converted Include

General characteristics of convertible bonds that will be converted include all of the following except:

A) the company will no longer have to repay the principal amount of the bonds.
B) management fully intends that the conversion privilege will eventually be attractive to the investors.
C) the investors will convert at or before maturity date.
D) the market price of the shares will drop below the conversion price.

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