A convertible bond is almost always ___________with a call feature.

Question

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A convertible bond is a type of bond that can be converted into shares of stock of the issuing company. While it may have other features, such as an optional redemption or a variable interest rate, it is not typically classified as a mortgage bond, income bond, or equipment trust certificate. Instead, it is generally considered a type of debenture, which is a type of bond that is backed only by the issuer's creditworthiness rather than specific collateral.

A Convertible Bond Is Almost Always ___________With a Call Feature