Which one of the following statements about convertible bonds is false? a. b. C. PD d. The

Which one of the following statements about convertible bonds is false?

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a. b. C. PD d. The yield on the convertible will typically be higher than the yield on the underlying common stock The convertible bond will likely participate in a major upward movement in the price of the underlying common stock Convertible bonds are typically secured by specific assets of the issuing company A convertible bond can be valued as a straight bond with an attached option