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What kinds of firms issue convertibles

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Reference no: EM132976669

Problem 1. What is a convertible?

Problem 2. How does it work?

Problem 3. Will the coupon on a convertible bond be above or below that on straight debt? Why?

Problem 4. What kinds of firms issue convertibles?

Problem 5. Should the old AT&T have issued convertibles?

Reference no: EM132976669

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