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Stock Portfolio

Date Submitted: 05/28/2001 22:36:02
Category: / Literature / English
Length: 1 pages (304 words)
Views: 142121

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…stock declines to a price which makes the convertible feature of the bond worthless, as long as the company sophisticated, the bond will trade based on its yield, like any other bond. There is a price level to which a bond will fall and fall no further as long as the company can pay its interest and the principal upon maturity. I feel this type of bond will help me tremendously in the future ahead.

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