As compared to non-convertible bonds, yield on convertible bond is
A. relatively lower
B. relatively higher
C. relatively zero
D. relatively discounted
Answer: Option A
Solution(By Examveda Team)
As compared to non-convertible bonds, yield on convertible bond is relatively lower. At face value, the interest rate on a convertible bond is actually lower than that found on nonconvertible bonds.This Question Belongs to Management >> International Finance And Treasury
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