Question: A convertible note may be accurately described as a: a. debt instrument which can be converted into a derivative instrument C. debt instrument which can

A convertible note may be accurately described as a:

a.

debt instrument which can be converted into a derivative instrument C. debt instrument which can be redeemed for inventory of the issuer company

b.

debt that gives the holder the right to convert the securities into ordinary shares of the issuer

c.

debt instrument which can be redeemed for inventory of the issuer company

d.

debt instrument which can be converted into another debt instrument

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