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Business, 18.03.2021 22:40 akitchen10

If bonds can be converted into common stock, the bondholder may benefit if the market price of the common stock increases substantially. they will carry a higher interest rate than comparable bonds without the conversion feature. they will be converted only if the issuer calls them in for conversion. they will sell at a lower price than comparable bonds without a conversion feature.

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If bonds can be converted into common stock, the bondholder may benefit if the market price of the c...
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