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Author Question: Amram Inc. can issue a 30-year bond with a 9% annual coupon. This bond is not convertible, is not ... (Read 201 times)

booty5

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Amram Inc. can issue a 30-year bond with a 9% annual coupon. This bond is not convertible, is not callable, and has no sinking fund. Alternatively, Amram could issue a 30-year bond that is convertible into common equity, may be called, and has a sinking fund. What is the coupon rate that Amram would have to pay on the convertible, callable bond?

It is less than 9%.


It is exactly equal to 9%.


It is greater than 9%.


It could be less than, equal to, or greater than 9%.



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Marked as best answer by booty5 on Aug 7, 2023

kaelamcrone

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booty5

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


JaynaD87

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Reply 3 on: Yesterday
Wow, this really help

 

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