- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 42. Fixed-Income Securities: Defining Elements
- Subject 5. Bonds with Contingency Provisions
CFA Practice Question
You want to own equity in a Russian oil firm, but the firm does not have traded stock. If it had ______ outstanding you could purchase them and then trade them in for shares of stock.
B. put bonds
C. debentures
D. zero-coupon bonds
E. subordinated debentures
A. convertible bonds
B. put bonds
C. debentures
D. zero-coupon bonds
E. subordinated debentures
Correct Answer: A
User Contributed Comments 2
| User | Comment |
|---|---|
| Inaganti6 | Bill Browder wouldn't like this plan much |
| khalifa92 | waoh!!! chill down website!!! |