Convertible bonds are not ……

Name: Convertible bonds are not ……
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Convertible bonds are indeed converted to ordinary shares, function as a two-stage financial instrument (debt that can convert into equity), and are considered hybrid securities because they combine features of both bonds and stocks. However, they are not straight bonds, which are traditional fixed-income securities without the option to convert into shares of the issuer.

Convertible Bonds Are Not ……