Explain why a convertible security is always callable and, Financial Management

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Explain why a convertible security is always callable and

1. Explain why a convertible security is always callable and when can a company call the security?

2. True or False The difference between a required rate of return and an expected rate of return is that an expected rate of return is the interest rate an investor should receive on a security given its risk.

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Financial Management: Explain why a convertible security is always callable and

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Financial Management: Explain why a convertible security is always callable and

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