Business, 12.12.2019 05:31 ameliaxbowen7

All of the following are true statements regarding convertible bond issues except: a at the time of issuance, the conversion price is set at a premium to the stock's current market price b the yield on convertible issues is higher than the yield for similar non-convertible issues c when the stock price is at a premium to the conversion price, bond price movements are usually caused by those of the stock d when the stock price is at a discount to the conversion price, bond price movements are usually caused by interest rate changes

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All of the following are true statements regarding convertible bond issues except: a at the time of...

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