Explain why the yield on a convertible bond is lower than the yield on an otherwise identical

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Explain why the yield on a convertible bond is lower than the yield on an otherwise identical bond without a conversion feature.

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 12, 2024 02:04 AM

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Explain why the yield on a convertible bond is lower than the yield on an otherwise identical

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Corporate Finance

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