The conversion ratio is the
A) price at which a convertible security is exchanged into common stock.
B) ratio of conversion value to market value of a convertible security.
C) number of shares of common stock that the convertible debt may be converted into.
D) ratio of the conversion premium to market value of a convertible security.

Question

Quizplus · Accepted Answer

The conversion ratio is the number of shares of common stock that the convertible security may be converted into.

The Conversion Ratio Is the