Why are convertible bonds less risky than stock but usually more risky than nonconvertible bonds?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 07:35 AM

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Why are convertible bonds less risky than stock but usually more risky than nonconvertible bonds?

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Convertible bonds are less risky than stock as they are debt instruments The ...View the full answer

Investments An Introduction

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