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Convertible bonds are attractive to investors because a.they can be converted into stock at a future time. b.the issuing company cannot retire the bonds before

Convertible bonds are attractive to investors because

a.they can be converted into stock at a future time.

b.the issuing company cannot retire the bonds before maturity.

c.they usually carry a higher rate of interest than non-convertible bonds.

d.they carry a convertible interest rate that can be increased when the prime rate of interest increases.

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