CamPayne6268 CamPayne6268

18-01-2024
Business

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A convertible feature for a corporate bond allows:
a) The issuer to convert the bond into equity shares.
b) The bondholder to convert a debt instrument into securities that give the investor ownership rights.
c) The bond to automatically convert into cash at maturity.
d) The issuer to convert the bond into a different type of debt instrument.

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