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Harry owns long-term investments in a public company. Theses investments pay him every year, by law, and expire ten years after the purchase date. They have an additional feature that allows a conversion ratio of 50. What does he own?
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Asked 10/14/2012 5:44:49 PM
Updated 342 days ago|11/23/2019 6:18:19 PM
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Flagged by Janet17 [11/23/2019 6:17:49 PM]
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User: Harry owns long-term investments in a public company. Theses investments pay him every year, by law, and expire ten years after the purchase date. They have an additional feature that allows a conversion ratio of 50. What does he own?

Weegy: He owns Treasury Bill.
Expert answered|Roy0624|Points 478|

Question
Asked 10/14/2012 5:44:49 PM
Updated 342 days ago|11/23/2019 6:18:19 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by Janet17 [11/23/2019 6:17:49 PM]
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Harry owns long-term investments in a public company. These investments pay him every year, by law, and expire ten years after the purchase date. They have an additional feature that allows a conversion ratio of 50. Harry owns: convertible bonds.
Added 342 days ago|11/23/2019 6:18:19 PM
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