________ is the price at which a bond would sell in the market without the conversion feature.
A) Conversion value
B) Straight bond value
C) Strike price value
D) Market premium

Question

Quizplus · Accepted Answer

The straight bond value is the price at which a bond would sell in the market without the conversion feature. Conversion value (A) is the value of the bond if converted into stock. Strike price value (C) is the price at which an option can be exercised. Market premium (D) refers to the difference between the market price and the intrinsic value of a security.

________ Is the Price at Which a Bond Would Sell