Comparing the plain-vanilla bond (i.e., non-convertible and non-callable) against the convertible bond, which one has a higher yield and why?

Question

Comparing the plain-vanilla bond (i.e., non-convertible and non-callable) against the convertible bond, which one has a higher yield and why?

Answer

The non-convertible bond, as it is deemed to be more risky.

Answer

The non-convertible bond, as it is deemed to be less risky.

Answer

The convertible bond, as it is deemed to be less risky.

Answer

The convertible bond, as it is deemed to be more risky.

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