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Which one of the following statements is correct? a. A convertible bond can be exchanged for shares of stock. b.The issuer can deduct the repayment
Which one of the following statements is correct? a. A convertible bond can be exchanged for shares of stock. b.The issuer can deduct the repayment of the bond principal as a business expense for tax purposes. c. A zero-coupon bond is sold at a deep premium. d.A"fallen angel" is a coupon bond that has converted to a zero-coupon bond. e.Corporate bonds are quoted in 32nds.
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