Which of the following statement is not truea the price of, Ask an Expert

Finance

Which of the following statement is not true?

a. The price of fixed-coupon bond will be higher as the coupon rate increases.

b. The price of convertible bond will be higher when the issuing firm has higher growth potential.

c. The price of fixed-coupon bond with callable feature will be higher than that of fixed-coupon bond without callable feature.

d. The price of convertible bond is usually higher than the price of callable bond with the same coupon, face value, and maturity as the convertible bond.

e. None of the above.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92169034

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