##### 73 When the issuer of a convertible bond announces a stock split, an analyst adjusts the conversion price down and the conversion ratio up accordingly. Are these adjustments correct? | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
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73 When the issuer of a convertible bond announces a stock split, an analyst adjusts the conversion price down and the conversion ratio up accordingly. Are these adjustments correct?
Exam-Like
A
Yes
B
No, because the conversion ratio does not need to be adjusted
C
No, because the conversion price does not need to be adjusted