Convertibility feature be exercised by a bondholder

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In what type of economic circumstances would a call feature be beneficial to a firm? In what ways does it increase risk for the bondholder? When would a convertibility feature be exercised by a bondholder?

Reference no: EM131360221

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Convertibility feature be exercised by a bondholder : In what type of economic circumstances would a call feature be beneficial to a firm? In what ways does it increase risk for the bondholder? When would a convertibility feature be exercised by a bondholder?
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