
CPWP Module 1 Paper 1
(Set B)
HKD 188
60 Questions
7 Aug 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.


