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I) Callable bonds usually sell for a higher price than comparable non-callable bonds. (II) Puttable bonds usually sell for a lower price than comparable non-puttable
I) Callable bonds usually sell for a higher price than comparable non-callable bonds. (II) Puttable bonds usually sell for a lower price than comparable non-puttable bonds. (III) Convertible bonds usually have a higher yield than comparable non-convertible bonds
Which one is true and which one is false?
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