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2 pts Which of the following statements is true about convertible bonds? The most significant disadvantage to a corporation of issuing convertible bonds is that

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2 pts Which of the following statements is true about convertible bonds? The most significant disadvantage to a corporation of issuing convertible bonds is that they in make interest payments the cash the m to The typical conversion ratio is set so that the firm's stock price must appreciate 5% or less before it is profitable for the hot to come bond to stock. Firms that issue convertible bonds can do so at a lower interest rate he typical issue of convertible bonds allows the holder of the bond to convert it to preferred stock

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