The_____________ value is the price the bond would sell for in the market without the conversionfeature.

Name: The_____________ value is the price the bond would sell for in the market without the conversionfeature.
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Question

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The value of a straight bond is the price it would sell for in the market without any additional features or options. The conversion feature, striking price, and market premium are all factors that would affect the bond's value but are not present in a straight bond.

The_____________ Value Is the Price the Bond Would Sell for in the Market