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With convertible bonds, A. the company receives additional cash money when the convertibles are converted. B. Investors are willing to accept a lower interest rate
With convertible bonds,
A. the company receives additional cash money when the convertibles are converted. | |
B. Investors are willing to accept a lower interest rate on a convertible than on otherwise similar straight debt |
C. Investors require a higher interest rate than on otherwise similar straight debt | ||
D. the convertibles cannot be converted for at least 10 years
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