FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 29 Topic 3 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 29 Topic 3 Discussion

Series-7 Exam Topic 3 Question 29 Discussion:
Question #: 29
Topic #: 3

Bubba buys a bond issued at par with a 5% coupon that is convertible into common stock at $40.

What conversion ratio does Bubba determine?


A.

40


B.

30


C.

25


D.

15


Get Premium Series-7 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.