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a. Discuss the benefit(s) of issuing convertible bonds. b. Consider a corporate bond with an embedded conversion option. If both the share prices of the
a. Discuss the benefit(s) of issuing convertible bonds.
b. Consider a corporate bond with an embedded conversion option. If both the share prices of the company and interest rates are falling, would it be a good or bad idea to exercise the conversion option? Discuss the reason(s).
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