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Septeos Septeos
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2 years ago
Liquid yield option notes or LYONS have which of the following characteristics?

I.convertibility at a fixed conversion ratio
II.high coupon rates
III.a put feature that guarantees the right to redeem the bonds at a prespecified price
IV.convertibility at a fixed conversion price


▸ I and III only

▸ II and IV only

▸ I and IV only

▸ II and III only
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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sharonfaith31sharonfaith31
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2 years ago
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Septeos Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
momochiime
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Yesterday
Brilliant ツ
dearsophia21
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2 hours ago
Good timing, thanks!
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