Why might investor prefer convertible bond over regular bond

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1. How is the profitability index calculated and how can it be used to choose between projects when funds are limited?

2. Why might an investor prefer a convertible bond over a regular bond?

3. The IF for the future value of an annuity is 4.5% at 8% for 4 years. If we wish to accumulate $5,000 by the end of 4 years, how much should the annual payments be?

A) 22,500

B) 1,250

C) 1,111

D) 2,250

Reference no: EM131354279

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