Question: Compared to a plain vanilla bond with no embedded options, investors will require _rate of return to hold a convertible bond, and rate of return

 Compared to a plain vanilla bond with no embedded options, investors

Compared to a plain vanilla bond with no embedded options, investors will require _rate of return to hold a convertible bond, and rate of return to hold a callable bond. (Assuming all bonds are issued by the same company, with the same coupon rate and maturity.) lower, lower lower, higher higher, lower O higher, higher

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