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

Subject:FinancePrice: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:

Have the principal amount adjusted for inflation.

Defer all taxable income until the bond matures.

Convert the bond into a 5 percent perpetuity.

Force the issuer to repurchase the bond prior to maturity.

Convert the bond into equity shares.