The ______ specifies the number of shares received for each convertible bond.
A)conversion price
B)subscription price
C)conversion ratio
D)subscription ratio

Question

Quizplus · Accepted Answer

The conversion ratio specifies the number of shares received for each convertible bond. The conversion price is the price at which the bond can be converted to stock, while the subscription price and ratio are typically used in the context of new stock offerings.

The ______ Specifies the Number of Shares Received for Each