The interest rate on a _____ bond is usually _____ than the rate on an otherwise comparable _____ bond.

Name: The interest rate on a _____ bond is usually _____ than the rate on an otherwise comparable _____ bond.
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Convertible bonds typically offer lower interest rates than comparable non-convertible bonds because they also give the holder the option to convert the bond into a predetermined number of shares of the issuing company, which can be a valuable option if the company's stock price increases.

The Interest Rate on a _____ Bond Is Usually _____

The Interest Rate on a _ Bond Is Usually _