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andrewvbae andrewvbae
wrote...
Posts: 218
5 years ago
General characteristics of convertible bonds that will be converted include all of the following
except:
A) management fully intends that the conversion privilege will eventually be attractive to the
investors
B) the investors will convert at or before maturity date
C) the company will no longer have to repay the principal amount of the bonds
D) the market price of the shares will drop below the conversion price
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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wrote...
5 years ago
D
andrewvbae Author
wrote...
5 years ago
I'm still confused, but thanks for answering correctly
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