A convertible bond is one where a. the issuer can convert from a fixed interest rate to a floating one. b. the issuer can convert it from long-term to short-term. c. the issuer can retire the bond before its specified due date. d. the holder can convert the bond into common stock at a future time.

The answer is D.

Explanation:

The correct answer is D. A convertible bond is the type of bond that the bondholder can convert into the company's common stock or share at a future time. It is a debt(fixed-income) instrument

Option A is wrong. This definition is not known. And same with option B.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

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