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Bài Đánh Giá Bu I 9 - Xem L I Bài Làm

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0% found this document useful (0 votes)
252 views7 pages

Bài Đánh Giá Bu I 9 - Xem L I Bài Làm

Uploaded by

The Anh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TRÚC 31221021986 - PHAN XUÂN 

Bảng Điều khiển  Các khoá học của tôi  TCDN NC - (VN - 24C1FIN50500305 - B1-404) | 13h - T7  Buổi 9 - Chứng quyền và
chứng khoán chuyển đổi  Bài đánh giá buổi 9

Bắt đầu vào lúc Thursday, 28 November 2024, 8:25 AM


Trạng thái Đã xong
Kết thúc lúc Thursday, 28 November 2024, 8:27 AM
Thời gian thực hiện 1 phút 33 giây
Điểm 10,00 trên 10,00 (100%)

Câu Hỏi 1 Đúng Đạt điểm 1,00 trên 1,00

Alicia owns a $1,000 face value bond that can be converted into 20 shares of AB Limited stock. Which one of
the following terms refers to these 20 shares?

a. conversion price

b. conversion value

c. straight bond value

d. conversion premium

e. conversion ratio

Your answer is correct.


The correct answer is:
conversion ratio
Câu Hỏi 2 Đúng Đạt điểm 1,00 trên 1,00

Latetia owns a convertible bond. Which one of the following terms would describe the value of this bond if it
were not convertible?

a. market value

b. inverted value

c. conversion value

d. conversion premium

e. straight bond value

Your answer is correct.


The correct answer is:
straight bond value

Câu Hỏi 3 Đúng Đạt điểm 1,00 trên 1,00

Which one of the following statements related to warrants is correct?

a. Warrants are issued by individual investors.

b. Warrants are generally added as an incentive to a private debt issue.

c. Warrants are generally issued as an attachment to publicly-issued bonds.

d. Warrants are structured as long-term put options.

e. Warrants are excluded from trading on an organized exchange.

Your answer is correct.

The correct answer is:


Warrants are generally added as an incentive to a private debt issue.
Câu Hỏi 4 Đúng Đạt điểm 1,00 trên 1,00

You own nine convertible bonds. These bonds have a 7 percent coupon, a $1,000 face value, and mature in
6 years. The bonds are convertible into shares of common stock at a conversion price of $25. How many
shares of stock will you receive if you convert all of your bonds?

a. 350

b. 400

c. 300

d. 360 Number of shares = ($1,000/$25) ´ 9 = 360 shares

e. 285

Your answer is correct.

The correct answer is:


360

Câu Hỏi 5 Đúng Đạt điểm 1,00 trên 1,00

Jeff owns a $1,000 face value bond. He can exchange that bond for 25 shares of KNJ stock at any time within
the next 2 years. What type of bond does Jeff own?

a. warranted

b. callable

c. convertible

d. junk

e. secured

Your answer is correct.


The correct answer is:
convertible
Câu Hỏi 6 Đúng Đạt điểm 1,00 trên 1,00

Which of the following statements are correct concerning warrants?


I. Warrants are similar to put options.
II. Warrants are similar to call options.
III. When a warrant is exercised, the issuer is not involved in the transaction.
IV. When a warrant is exercised, the issuer must issue new shares of stock.

a. I and IV only

b. I only

c. I and III only

d. II only

e. II and IV only

Your answer is correct.


The correct answer is:
II and IV only
Câu Hỏi 7 Đúng Đạt điểm 1,00 trên 1,00

A bond with 10 detachable warrants has just been offered for sale at $1,000. The bond matures in 15 years
and has an annual coupon of $80. Each warrant gives the owner the right to purchase two shares of stock in
the company at $14 per share. Ordinary bonds (with no warrants) of similar quality are priced to yield 11
percent. What is the value of one warrant?

a. $13.58

b. $7.00

c. $16.67

d. $21.57

e. $14.00

Your answer is correct.


The correct answer is:
$21.57

Câu Hỏi 8 Đúng Đạt điểm 1,00 trên 1,00

A $1,000 convertible debenture has a conversion price for common stock of $85 per share. The common
stock is selling at $92 a share. What is the conversion value of this bond?

a. $1,092.00

b. $923.91

c. $1,082.35 Conversion value = ($1,000/$85)($92) = $1,082.35

d. $1,000.00

e. $920.00

Your answer is correct.


The correct answer is:
$1,082.35
Câu Hỏi 9 Đúng Đạt điểm 1,00 trên 1,00

Amy is a current shareholder of DJ Industries. She has been given the right to purchase an additional 25
shares of DJ Industries stock at a price of $32 a share if she exercises that right within the next 12 months.
What is this security called that Amy has been given?

a. convertible bond

b. spread

c. put

d. straddle

e. warrant

Your answer is correct.


The correct answer is:
warrant

Câu Hỏi 10 Đúng Đạt điểm 1,00 trên 1,00

Lucinda owns a convertible bond that matures in six years. The bond has a 9 percent coupon and pays
interest annually. The face value of the bond is $1,000 and the conversion price is $22. Similar bonds have a
market return of 8.75 percent. The current price of the stock is $21.60 per share. What is the conversion
value of this bond?

a. $848.40

b. $981.82 Conversion value = ($1,000/$22) ´ $21.60 = $981.82

c. $942.11

d. $835.60

e. $1,000.00

Your answer is correct.


The correct answer is:
$981.82
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