Question: When calculating debt to equity ratio: (Points : 2) convertible bonds should be treated as debt convertible bonds should be excluded from debt but not

When calculating debt to equity ratio: (Points : 2)

convertible bonds should be treated as debt

convertible bonds should be excluded from debt but not included in equity

convertible bonds should be treated as equity

half the convertible bonds should be treated as debt, and the other half as equity.

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