Convertible bond issues have lower coupon payments than, Financial Management

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Convertible bond issues have lower coupon payments than

Convertible bond issues have lower coupon payments than similar bonds that are not convertible because the “conversion feature” of a convertible bond is valuable to bondholders. Does this mean that an issuer of corporate debt securities can lower its borrowing cost by offering (or selling) convertible bonds?

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Financial Management: Convertible bond issues have lower coupon payments than

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Financial Management: Convertible bond issues have lower coupon payments than

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