Convertible bonds are usually secured by a first or second mortgage. pay interest only in the event earnings are sufficient to cover the interest. may be exchanged for equity securities. have priority over other indebtedness.

may be exchanged for equity securities.

Explanation:

Convertible bonds -

It refers to the type of bond which can easily be converted to stocks .

It refers to as the fixed - income debt security which can give the interest payments and can be converted to some predetermined number of equity shares and common stock , is referred to as convertible bonds .

The process of conversion can be done at any time period of the bond .

Hence , from the given information of the question ,

The correct answer is may be exchanged for equity securities.

both adhesion and cohesion are attractions.

they are different in that adhesion is the force of attraction between the molecules of two different substances, whereas cohesion is the force of attraction between molecules of the same substance.

possible examples include capillary action, in which the adhesion between water and glass causes the water to rise in a narrow tube against the force of gravity.

because of hydrogen bonding, water is extremely cohesive.

this causes molecules on the surface of water to be drawn inward, which is why drops of water form beads on smooth surfaces.

hope this .