A convertible bond would let the investor exchange it for common stock
What is a convertible bond?
A convertible bond allows the investors (lender) to exchange the bond for something else within a given time under any conditions specified in the bond indenture.
How does a convertible bond work?
A convertible bond pays fixed-income interest payments, but can be converted into a predetermined number of common stock shares. The conversion from the bond to stock happens at specific times during the bond's life and is usually at the discretion of the bondholder.
Common stock :
Common stock is a security that represents ownership in a corporation. In a liquidation, common stockholders receive whatever assets remain after creditors, bondholders, and preferred stockholders are paid. There are different varieties of stocks traded in the market.
Learn more about common stock :
brainly.com/question/25749153
#SPJ4
Another name for a file allocation unit is a Cluster. a cluster is the smallest unit in disk space allocation, which is used to store small part of file. i hope this helps ♡
Answer:
The answer is true
Explanation:
A work-in-progress (WIP) is the cost of unfinished goods in the manufacturing process including labor, raw materials, and overhead.
Answer:
The management should compare the company's actual revenues and costs to a budget based on 64,000 units.
The correct answer is B
Explanation:
In performance evaluation, comparison should be done between the same level of activity. Since the actual level of activity is 64,000 units, the budget should be based on the same level of activity.