________ bonds allow the holder to change them into a specific number of shares of stock at any time up to the maturity date.
A)Convertible
B)Treasury
C)Municipal
D)Commercial

Question

Quizplus · Accepted Answer

Convertible bonds allow the holder to convert the bond into a specific number of shares of stock at any time up to the maturity date. This gives the investor the flexibility to benefit from potential stock price appreciation while still receiving interest payments until the bond matures. Treasury, municipal, and commercial bonds do not have this feature.

________ Bonds Allow the Holder to Change Them into a Specific