Why can convertible bonds be issued by firms at a higher price than other bonds?

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Question Posted: Oct 31, 2017 07:49 AM

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Why can convertible bonds be issued by firms at a higher price than other bonds?

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Convertible bonds allow investors to exchange the bonds fo...View the full answer

Financial Markets and Institutions

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