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    Money and Capital Markets
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    Exam 8: The Risk Structure of Interest Rates: Defaults, Prepayments, Taxes, and Other Rate-Determining Factors
  5. Question
    Investors Find Convertible Bonds Less Attractive Than Nonconvertible Bonds Because
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Investors Find Convertible Bonds Less Attractive Than Nonconvertible Bonds Because

Question 25

Question 25

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Investors find convertible bonds less attractive than nonconvertible bonds because the corporation can convert them to stock at any time.

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