Question: q , 9 . Convertible bonds a . have priority over other indebtedness. b . are usually secured by a first or second mortgage. c

q,9. Convertible bonds
a. have priority over other indebtedness.
b. are usually secured by a first or second mortgage.
c. pay interest only in the event earnings are sufficient to cover the interest.
d. may 56 exchanged for equity securities
q , 9 . Convertible bonds a . have priority over

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