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All else equal, the market price of a callable bond should be lower than a comparable non-callable bond as investors are harmed by the bonds
All else equal, the market price of a callable bond should be lower than a comparable non-callable bond as investors are harmed by the bonds call feature.
- A. True
- B. False
Convertible bonds tend to sell for a premium over their conversion value.
- A. True
- B. False
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