Bond Yields. Other things equal, will the following provisions increase or decrease the yield to maturity at
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Bond Yields. Other things equal, will the following provisions increase or decrease the yield to maturity at which a firm can issue a bond?
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
Study Guide To Accompany Fundamentals Of Corporate Finance
ISBN: 9780073012421
5th Edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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