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What may cause the prices on convertible bonds to be more sensitive to interest rate rises than other types of bonds? the issuer has a
What may cause the prices on convertible bonds to be more sensitive to interest rate rises than other types of bonds?
the issuer has a more difficult time repaying their debt
stock prices tend to decline because of eroding profits
the issuer incurs greater financing expenses
bondholders tend to convert their bonds creating a burden for the issuer
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