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A bond with a convertible option has _____ yield than an otherwise equivalent bond without the call option. A. a higher B. the same C.
A bond with a convertible option has _____ yield than an otherwise equivalent bond without the call option.
A. a higher
B. the same
C. a lower
D. none of these alternatives
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
