परिवर्तनीय बॉन्ड के संदर्भ में, निम्नलिखित कथनों पर विचार कीजिए :
1. चूँकि बॉन्ड को इक्विटी के लिए बदलने का विकल्प है, परिवर्तनीय बॉन्ड अपेक्षाकृत कम ब्याज दर का भुगतान करते हैं ।
2. इक्विटी के लिए बदलने का विकल्प बॉन्ड-धारक को बढ़ती हुई उपभोक्ता कीमतों से सहलग्मता (इंडेक्सेशन) की मात्रा प्रदान करता है ।
उपर्युक्त कथनों में कौन-सा/से सही है/हैं ?
सही उत्तर (C) Both 1 and 2 है।
व्याख्या:
Both the statements are correct: convertible bonds tend to offer a lower coupon rate or rate of return in exchange for the value of the option to convert the bond into common stock. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.
In English (Question & Model Answer)
With reference to Convertible Bonds, consider the following statements :
1. As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
2. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.
Which of the statements given above is/are correct ?
The correct answer is (C) Both 1 and 2.
Explanation:
Both the statements are correct: convertible bonds tend to offer a lower coupon rate or rate of return in exchange for the value of the option to convert the bond into common stock. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.