What feature gives the bondholder or preferred stockholder the right to exchange the bond or preferred stock for a fixed number of shares of common stock?

A) Bond rating
B) Convertible securities
C) Pass-through securities
D) Standard stock

Question

Tushar Bhushan · Accepted Answer

Final Answer : B, Explanation :  Convertible securities give the holder the right to convert the bond or preferred stock into a fixed number of shares of common stock, usually at any time up until maturity or redemption.

What feature gives the bondholder or preferred stockholder the right to exchange the bond or preferred stock for a fixed number of shares of common stock?

A) Bond rating
B) Convertible securities
C) Pass-through securities
D) Standard stock

Definitions

Learning Objectives

Learning Objectives

Related questions

What feature gives the bondholder or preferred stockholder the right to exchange the bond or preferred stock for a fixed number of shares of common stock?A) Bond ratingB) Convertible securitiesC) Pass-through securitiesD) Standard stock

Definitions

Learning Objectives

Learning Objectives

Related questions

What feature gives the bondholder or preferred stockholder the right to exchange the bond or preferred stock for a fixed number of shares of common stock?

A) Bond rating
B) Convertible securities
C) Pass-through securities
D) Standard stock