NO.PZ201602270200002108
问题如下：
8. The minimum value of Bond #9 is equal to the greater of:
选项：
A.the conversion value of Bond #9 and the current value of Bond #10.
B.the current value of Bond #10 and a call option on Whorton’s common stock.
C.the conversion value of Bond #9 and a call option on Whorton’s common stock.
解释：
A is correct.
The minimum value of a convertible bond is equal to the greater of the conversion value of the convertible bond (i.e., Bond #9) and the current value of the straight bond (i.e., Bond #10).
可转换债券的价值=纯债券价值＋期权价值啊？
