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5 of 20 A corporate bond is convertible at $25 and the underlying stock is currently selling at $30 per share. If the corporation indicates
5 of 20 A corporate bond is convertible at $25 and the underlying stock is currently selling at $30 per share. If the corporation indicates that the bond will be called at 15 (51,150) on the next call date, what is the BEST advice to give the bondholder? to Mark For Review A Convert the bond B Let the bond be called C Wait until the corporation makes a better offer D Purchase additional bonds
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