The issued bond which is considered as hybrid bond is called _______________?

Correct answer: D. convertible bonds

  • A. non-convertible bonds
  • B. premium convertible bonds
  • C. discount convertible bonds
  • D. convertible bonds

Explanation

Convertible bonds are hybrid securities because they combine regular debt features, such as interest and repayment, with the holder's right to convert into shares. Non-convertible, premium, and discount describe bond terms rather than the hybrid classification.

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