Convertible bonds lack
A) an indenture
B) a call feature
C) dividend payments
D) a maturity date

Name: Convertible bonds lack A) an indenture B) a call feature C) dividend payments D) a maturity date
Brand: Quizplus
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Question

​Convertible bonds lack
A) ​an indenture
B) ​a call feature
C) ​dividend payments
D) ​a maturity date

Quizplus · Accepted Answer

Convertible bonds do have a maturity date, an indenture, and a call feature, but they may not pay dividends like traditional bonds. Instead, they offer the option for the investor to convert the bond into a specified number of common stock shares.

​Convertible Bonds Lack

Convertible Bonds Lack