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A conversion feature in a bond indenture reduces the likelihood of default on the bond increases the coupon rate if the going market interest rates
A conversion feature in a bond indenture
reduces the likelihood of default on the bond
increases the coupon rate if the going market interest rates change
allows bondholders to exchange the bond for shares of the firm's stock
none of these
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Broadcasting Finance In Transition
Authors: Jay G. Blumler, T. J. Nossiter
1st Edition
0195050894, 978-0195050899
