Social Sciences, asked by skbisht584, 1 year ago

What is convertible corporate debt securities?

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Answered by Prernakumarisharma
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In finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value.
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