The type of Eurobonds which are convertible are considered as ___________?
Correct answer: B. related to equity
- A. related to international market
- B. related to equity
- C. related to common stock
- D. related to national marketHire An Accountant
Explanation
A convertible Eurobond gives its holder the right to exchange the bond for shares, so it has an equity-related feature. It is still debt initially, but its conversion option links it to equity.
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