The owner of a convertible bond:

Question

Options

• AHas the obligation to convert his bond
• BHas the right to convert his bond
• CMust wait for the decision of the issuer if he wants to convert his bond
• DHas the obligation to convert the coupon into a variable or a fixed rate

• A
  4% (2)
• B
  81% (39)
• C
  10% (5)
• D
  4% (2)

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