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If a convertible bond can be converted into 25 shares of common stock and the price of the common stock is equal to $30, then

If a convertible bond can be converted into 25 shares of common stock and the price of the common stock is equal to $30, then the investor should not convert at this time.

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The yield curve is usually upward (positive) sloping mainly because long term bonds are more risky than short term bonds.

True

False

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