Question: 13. Everything else being the same, a convertible bond has a yield than a non- convertible bond, and a callable bond has a ___yield than

13. Everything else being the same, a convertible bond has a

13. Everything else being the same, a convertible bond has a yield than a non- convertible bond, and a callable bond has a ___yield than a non-callable bond. A) Higher, higher B) Lower, lower C) Higher, lower D) Lower, higher

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