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A company wants to raise money for its operations and do it by issuing new debt. Which of the following features, attached to the new

A company wants to raise money for its operations and do it by issuing new debt. Which of the following features, attached to the new bonds, would prove to be the greatest disadvantage for the company, requiring the highest coupon rate?

Conversion privilege

Forced conversion clause

Short-term maturity date

Sinking Fund

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