Convertible bonds normally sell at a higher price than nonconvertible bonds.

Name: Convertible bonds normally sell at a higher price than nonconvertible bonds.
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Convertible bonds have the added benefit of being able to be converted into stock of the issuing company, which increases their value and makes them more attractive to investors. This typically results in convertible bonds selling at a higher price than nonconvertible bonds.

Convertible Bonds Normally Sell at a Higher Price Than Nonconvertible