Question

the interest paid by a convertible bond tends

1>to exceed the firm's common stock dividends

2>to be less than the firm's common stock dividends

3>over time to offset the premium paid for the bond

4>to increase the premium paid for the bond

a. 1 and 3

b. 1 and 4

c. 2 and 3

d. 2 and 4

Answer

This answer is hidden. It contains 1 characters.