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One of the following statements is correct? 1. a callable and convertible bond will have the same price. 2. it depends on the financial market.

One of the following statements is correct? 1. a callable and convertible bond will have the same price. 2. it depends on the financial market. 3. a convertible bond will be priced more than a callable bond. 4. a convertible bond will be priced less than a callable bond

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