Once your convert a convertible bond into a stock, can you covert it back to a bond? and Bond Girl (Day 68 of 365 // Week 10 of 52)

Once your convert a convertible bond into a stock, can you covert it back to a bond?

Also if you conver the convertible bond into a stock...do you still have the benefit of the bond characteristics of having principal and interest paid


Bond best answer:

Answer by Jerry
No. Once converted, the bond is gone and you own the common stock, just like any other stockholder.

Bond

Bond Girl (Day 68 of 365 // Week 10 of 52)


Image by lism.
We're going to see Quantum of Solace tonight, I think, so here is my little Bond Girl-esque tribute. Would have looked better if I had some sort of gun-esque prop to hand, but I don't approve of such things.

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