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Convertible Bonds: The Everything Asset Class | Paul Latronica
Forward Guidance
Convert Issuers Ten to Be the Only Debt on the Balance Sheet, Right?
There's a cushion to the pullback in your underlying security valuation. You make more on the way up, you loseor you lose less on the way down. Over time, that string of returns, it's going to be much more advantageous than then,. say, just straight fixed it.
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