A conversion ratio is defined as:

Multiple Choice

A security that gives the holder the right to purchase shares of stock at a fixed price over a given period of time.

A feature included in the terms of a new issue of debt or preferred shares to make the issue more attractive to initial investors.

The value of a convertible bond if it could not be converted into common stock.

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.