CPWP Module 1 Paper 1
(Set B)

HKD 188

60 Questions

3 Apr 2025

CPWP Module 1 Paper 1 Exam Question

Which of the following statements regarding Convertible Bonds is false?

a) They have greater appreciation potential than corporate bonds.

b) They are less vulnerable to losses if the issuer defaults compared to corporate bonds.

c) Holders of convertible bonds have a lower priority to claim the issuing company’s assets than investors in corporate bonds.

d) They typically offer lower yields than corporate bonds.