In what ways is owning a corporate bond similar to writing a put option? A call option?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 08:02 AM

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In what ways is owning a corporate bond similar to writing a put option? A call option?

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The bondholders have in effect made a loan which requires repay...View the full answer

Investments

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