Why do bonds with warrants and convertible bonds have lower coupons than similarly rated bonds that do

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Why do bonds with warrants and convertible bonds have lower coupons than similarly rated bonds that do not have these features?AppendixLO1image text in transcribed

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Fundamentals Of Financial Management Concise

ISBN: 9780324258721

4th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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