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A disadvantage to the investor of a convertible bond is all of the following, EXCEPT that Answer the stock price may never rise above conversion...

A disadvantage to the investor of a convertible bond is all of the following, EXCEPT that
Answer
the stock price may never rise above conversion price.
if interest rates rise, the pure bond value (floor price) will decline.
the interest rate on convertibles is generally one-third below the coupon rate on straight bonds of similar risk.
all bonds are callable at a specific price above par.

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555671_FIN A disadvantage to the investor of a convertible bond is all of the following, EXCEPT that Answer 1. the stock price may never rise above conversion price. 2. if interest rates rise, the...

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