How many options does a callable, convertible bond contain? a.0 b.1 c.2 d.3
How many options does a callable, convertible bond contain?
a.0 b.1 c.2 d.3
Homework Answers
only 1 option is available to the callable ,convertible bond as callable gives the priority to the issuer to redeem prior to maturity date . As convertible gives the option to the holder to convert the security into ordinary share or not there is no obligation on the holder of the security.
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How many options does a callable, convertible bond contain?
a.0 b.1 c.2 d.3
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