FIN 351 WEEK 5 QUIZ
1.
Question :
(TCO 5) Which of the following statements describes the relationship between the market value, pure bond value, and associated stock price related to a convertible bond?
Student Answer:
Both increase as the common stock price increases.
Market value approaches the pure bond value as the stock price approaches zero.
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Devry University
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FIN 351
06 Jul 2017