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Molson Coors is a multi-national brewery based in Chicago. To fund its operations, Molson Coors issues convertible bonds. All things being equal, when would holders

Molson Coors is a multi-national brewery based in Chicago. To fund its operations, Molson Coors issues convertible bonds. All things being equal, when would holders most likely convert their convertible bonds into shares? When interest rates are falling and bond prices are rising When interest rates are rising and bond prices are falling When interest rates are falling and bond prices are falling When interest rates are rising and bond prices are rising

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