Explain why each of the following bonds can be viewed as a bond with an embedded option?
Question:
Explain why each of the following bonds can be viewed as a bond with an embedded option?
a. a callable bond
b. a putable bond
c. a convertible bond.
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Related Book For 
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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