Convertible has two kinds: one is a hard-top convertible whose roof is made of metal,the other is a soft-top convertible whose roof is made of canvas (see Fig.7-7).
举一反三
- You can get a [1]______top convertible whose retractable roof is made of [2]______, aluminum or [3]______, or a [4]______top made of materials like vinyl or canvas. The age old question is, though, what's the difference between a convertible and a cabriolet? And honestly, it's not much.
- Convertible refers to the car whose roof is folded according to the operator’s de-sire．
- hard-top convertible ______
- A convertible bond with conversion ratio of 5:1 means______________ A: Five convertible bonds can be converted into one common stock B: One convertible bond can be converted into five common stocks C: Five convertible bonds can be converted into one corporate bonds D: One convertible bond can be converted into five corporate bonds
- A convertible bond issue has a conversion premium of $50 at a time when the underlying share’s price is $35. The convertible has a par value of $1,000 and is convertible into 80 shares of the issuer’s stock. The convertible bond’s price is closest to: A: $1,050 B: $2,850 C: $2,750