6. bond payment current a. 3 b. at Part I. Multiple-Choice Question interest rate, it could sell an otherwise identical convertible bond 1. If a firm could sell a non-convertible bond at an 8t coupon a. a coupon rate less than 8 c. a coupon rate greater than 8* d. none of the above/cannot be determined b. 88 the investor's required return on a bond, the 2. The will be the value of the bond to the investor. a. lower; higher b. higher; higher c. lower; lower d. the relation cannot be determined