Convertible bonds are examples of: a. Securities that have characteristics of both debt and equity b. Non-recurring items c. Ass

Question

aev [14]

3 years ago

15

Convertible bonds are examples of: a. Securities that have characteristics of both debt and equity b. Non-recurring items c. Ass

ets d. Treasury stock

Chemistry

1 answer:

iren2701 [21] · Answer 1 · 2022-07-25T04:09:39+03:00

Answer:

a. Securities that have characteristics of both debt and equity

Explanation:

A convertible bond is a debt security that can be converted into a certain number of shares and this can be done during specific times in the life of the bond. According to this, convertible bonds are examples of securities that have characteristics of both debt and equity as they are a type of debt that pays interest but can be turned into shares.