Covertible bonds generally carry lower coupon interest rates than do non convertibles bonds. if this is so,
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Covertible bonds generally carry lower coupon interest rates than do non convertibles bonds. if this is so, does it mean that the cost of capital on convertible bonds is lower than on non convertible? why or why not ?
Expert Answer:
No a lower coupon rate on convertible bonds does not necessarily mean the cost of capital is lower t... View the full answer
Related Book For 
Financial Management Theory and Practice
ISBN: 978-0176517304
2nd Canadian edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
Posted Date:
