For nonconvertible bonds, the call price is a ceiling on the market price of the bond. Why

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● For nonconvertible bonds, the call price is a ceiling on the market price of the bond. Why might the call price not be an effective ceiling on the price of a convertible bond?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jul 25, 2024 08:06 AM

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For nonconvertible bonds, the call price is a ceiling on the market price of the bond. Why

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Fundamentals Of Investments Valuation And Management

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