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Business, 16.04.2020 04:34 c1100321311

Consider the case of an investor, Nazim: Nazim wants to include bonds in his investment portfolio, but he wants the option to sell the bond to the issuer at a specified price at a certain date before the maturity of the bond. Which of the following bond redemption features should he pick?

a. Putable bond
b. Convertible bond

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