______are bonds that give bondholders the option to exchange the bonds for a predetermined number of common equity shares of the issuing company.
A) Exchangeable bonds
B) Serial bonds
C) Convertible bonds
D) Callable bonds

Question

Quizplus · Accepted Answer

Convertible bonds are the type of bonds that allow bondholders to convert their bonds into a predetermined number of shares of the issuing company, typically at the discretion of the bondholder.

______Are Bonds That Give Bondholders the Option to Exchange the Bonds