If you want a bond that you can exchange into stock of a given company, you should buy a ________.

Name: If you want a bond that you can exchange into stock of a given company, you should buy a ________.
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If you want a bond that can be exchanged into the stock of a particular company, then you need to buy a convertible bond. This type of bond provides the option to the bondholder to convert the bond into a certain number of shares of the company's common stock at a predetermined conversion ratio.

If You Want a Bond That You Can Exchange into Stock