Question: The floor for a convertible bond is A . the par value of the convertible bond. B . the intrinsic value of the bond itself.

The "floor" for a convertible bond is
A. the par value of the convertible bond.
B. the intrinsic value of the bond itself.
C. the value of a straight bond.
D. all of the above are true
E. B and C are true, but A is false

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