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Choose the Word or Phrase in [ ] Which Will

Question 170

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Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-If the value of the underlying stock dropped drastically,the owner of a convertible bond [would still receive the face value of the bond | would receive the market value of the stock] at maturity.

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