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Assume that a coupon rate of a callable bond is 8% and for a convertible bond 6%. If you believe the stock of the company,

Assume that a coupon rate of a callable bond is 8% and for a convertible bond 6%. If you believe the stock of the company, which the bond can be converted rises two-fold or equally go out of existence by next year, do you invest in the callable bond or convertible bond?

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