11. Bond Yields. Other things equal, will the following provisions increase or decrease the yield to maturity
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11. Bond Yields. Other things equal, will the following provisions increase or decrease the yield to maturity at which a firm can issue a bond? (LO4)
a. A call provision.
b. A restriction on further borrowing.
c. A provision of specific collateral for the bond.
d. An option to convert the bonds into shares.
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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