_____ are bonds or shares of preferred stock that investors can exchange for a given number of shares of the issuing corporation's common stock.

Question

Quizplus · Accepted Answer

The given description matches convertible securities, which are financial instruments that allow investors to convert their bonds or preferred stock into a certain number of common shares of the issuing corporation. Mutual funds and exchange-traded funds are not convertible securities, and commercial papers are short-term debt instruments.

_____ Are Bonds or Shares of Preferred Stock That Investors