CFA Practice Question

There are 490 practice questions for this study session.

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.

A. convertible bonds
B. put bonds
C. debentures
D. zero-coupon bonds
E. subordinated debentures
Correct Answer: A

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