Why may an investor prefer a debenture with a put feature in preference to a bond with

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Why may an investor prefer a debenture with a put feature in preference to a bond with a call feature?

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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 may an investor prefer a debenture with a put feature in preference to a bond with

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A put feature gives the bonds owner the option to have the bond retir...View the full answer

Investments An Introduction

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