Question: A convertible feature on ABDC corporate bonds (A) allows ABDC bondholders the right to convert their bonds into ABDC preferred stock (B) allows ABDC bondholders

A convertible feature on ABDC corporate bonds

(A) allows ABDC bondholders the right to convert their bonds into ABDC preferred stock

(B) allows ABDC bondholders the right to convert their bonds into ABDC nonvoting common stock

(C) allows ABDC bondholders the right to convert their bonds into ABDC common stock

(D) allows ABDC bondholders the right to convert their long-term bonds into ABDC bonds with a shorter maturity

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