Generally, convertible bonds are issued by
A)smaller and more speculative firms.
B)mature and profitable firms.
C)very large firms.
D)the U.S. government.

Question

Quizplus · Accepted Answer

Convertible bonds are often issued by smaller and more speculative firms as a way to attract investors by offering the potential for conversion into equity if the company does well, while also providing the security of a bond if it does not.

Generally, Convertible Bonds Are Issued by