Some bonds allow the borrower to repay the bond by issuing stock.These bonds are known as:
A)convertible bonds.
B)debenture bonds.
C)callable bonds.
D)coupon bonds.

Name: Some bonds allow the borrower to repay the bond by issuing stock.These bonds are known as: A)convertible bonds. B)debenture bonds. C)callable bonds. D)coupon bonds.
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Question

Quizplus · Accepted Answer

A convertible bond has a specific feature where the issuing company can convert the bond into shares of its stock.

Some Bonds Allow the Borrower to Repay the Bond by Issuing