Here is what I did:
I exported CHROME BOOKMARKS (also did this to my GOOGLE BOOKMARKS) as a single .html file. This can be done in Chrome through the bookmark manager's ORGANIZE | EXPORT dropdown.
I then opened my USER\Favorites folder. I don't use IE so it had all the default links IE comes with. I created a new folder called CHROME BOOKMARKS.
I opened IE and clicked the star shaped FAVORITES button. I pulled the ADD TO FAVORITES menu down and selected IMPORT AND EXPORT.
This launched an import wizard. I told it I was importing Favorites, and directed it to the .html file Chrome exported (#1), and told it to import to the CHROME BOOKMARKS folder I created (#2).
This created a .url file for each bookmark I had in Chrome which included both the BOOKMARKS BAR and the OTHER BOOKMARKS.
I tested and confirmed that a .URL file is launched in Chrome by double clicking or by drag and drop.
You can import the .URL files into Chrome, too. Leave the CHROME BOOKMARKS folder in your
User\Favorites folder and then in Chrome click OTHER BOOKMARKS | IMPORTED FROM IE. I think you can also do this in Chrome's Settings | USERS | Import Bookmarks and Settings, but I did not try this.