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1. When is a floating rate preferred advantageous to an investor?

a) if market interest rate have increased b) if market interest rates have declined c) if the company's earnings have increased d) doesn't benefit the investor, benefits the company

2. The floor value of a convertible bond is:

a) par value b) common equity value c) bond value d) conversion value

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92782336

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