Recently, you discovered a convertible, callable bond with a 5 percent semiannual coupon

Subject:BusinessPrice:2.87 Bought7

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Recently, you discovered a convertible, callable bond with a 5 percent semiannual coupon. If you purchase this bond you will have the right to: Force the issuer to repurchase the bond prior to maturity. Convert the bond into equity shares. Defer all taxable income until the bond matures. Convert the bond into a 5 percent perpetuity. Have the principal amount adjusted for inflation.