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Convertible bonds are attractive to investors because they can be converted into stock at the issuer's option. they usually carry a higher rate of interest
Convertible bonds are attractive to investors because
| they can be converted into stock at the issuer's option. |
| they usually carry a higher rate of interest than non-convertible bonds. |
| the issuing company cannot retire the bonds before maturity. |
| they carry a convertible interest rate that can be increased when the prime rate of interest increases. |
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The ASQ Certified Quality Auditor Handbook
Authors: Lance B Coleman
5th Edition
1951058097, 978-1951058098
