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If a Convertible Bond Can Be Thought of as a Straight

Question 38

Multiple Choice

If a convertible bond can be thought of as a straight bond with a call option,then the call is owned by the ___________ and the strike price is the ___________.


A) Debt issuer; stock price
B) Debt issuer; straight bond value
C) Bond investor; stock price
D) Bond investor; straight bond value

Correct Answer:

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