What is a convertible bond? How does the convertibility feature affect the bond's price and interest rate?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Posted Date: May 31, 2018 07:53 AM

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What is a convertible bond? How does the convertibility feature affect the bond's price and interest rate?

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A convertible bond also known as converts are fixed income securities usually debentures which has an option of getting converted to equity shares of ... View the full answer

Personal Finance

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