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3 September, 07:20

Convertible bonds are examples of: a. Securities that have characteristics of both debt and equity b. Non-recurring items c. Assets d. Treasury stock

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  1. 3 September, 09:30
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    a. Securities that have characteristics of both debt and equity

    Explanation:

    A convertible bond is a debt security that can be converted into a certain number of shares and this can be done during specific times in the life of the bond. According to this, convertible bonds are examples of securities that have characteristics of both debt and equity as they are a type of debt that pays interest but can be turned into shares.
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