Products & RisksCâu 14 / 125
A convertible bond gives the holder the right to:
a.Demand early repayment of principal at any time at par
b.Exchange the bond for a fixed number of common shares of the issuer
c.Receive a variable coupon tied to a stock index
d.Vote in the issuer's shareholder meetings
Giải thích
A convertible bond can be exchanged, at the holder's option, for a predetermined number of the issuer's common shares based on the conversion ratio. This gives upside participation in the stock while providing bond income, though convertibles typically carry lower coupons in exchange for that feature.
Luyện miễn phí toàn bộ 125 câu hỏi — không cần đăng ký.
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