Question: A step - up in the conversion price refers to: Multiple Choice the abiticy of the company to step up the mathrity of the bond
A stepup in the conversion price refers to:
Multiple Choice
the abiticy of the company to step up the mathrity of the bond to an earlier date.
the provision that increases the conversion raco the longer a conventile bond is held.
a refunding of a convertble bond when the conversion value equals the pure bond value.
the holder moy pey a progressively higher option price if he or she does not evercise by a given date.
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