Why would a convertible bond increase much more in value than a bond that is not convertible?

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Foundations Of Finance

ISBN: 9781292155135

9th Global Edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Question Posted: Feb 21, 2024 05:01 AM

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Why would a convertible bond increase much more in value than a bond that is not convertible?

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Convertible bonds have the potential to increase in value more than nonconvertible bonds due to their unique features Here are some reasons why a conv...View the full answer

Foundations Of Finance

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