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Which of the following features would increase the value of a corporation bond? Which would reduce its value? a) The borrower has the option to
Which of the following features would increase the value of a corporation bond? Which would reduce its value?
a) The borrower has the option to repay the loan before maturiry.
b) The bond is convertible into shares.
c) The bond is secured by a mortgage of real estate.
d) The bond is subordinate.
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