A conversion price is defined as:

	A feature included in the terms of a new issue of debt or preferred shares to make the issue more attractive to initial investors.
	A security that gives the holder the right to purchase shares of a stock at a fixed price over a given period of time.
	A bond that can be exchanged for a fixed number of shares of stock for a specified amount of time.
	The number of shares per bond received for conversion into stock.
	The value of a convertible bond if it could not be converted into common stock.

Question 3 A conversion price is defined as: A feature included in the terms of a new issue of debt or preferred shares to make the issue more attractive to initial investors. A security that gives the holder the right to purchase shares of a stock at a fixed price over a given period of time. A bond that can be exchanged for a fixed number of shares of stock for a specified amount of time. The number of shares per bond received for conversion into stock. The value of a convertible bond if it could not be converted into common stock