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    • The Valuation of Convertible Bonds With Credit Risk 

      Ayache, E.; Forsyth, P. A.; Vetzal, K. R. (Cornell University, 2003-01-23)
      Convertible bonds are typically issued by firms which have both relatively high growth and quite high risk. Convertibles can be difficult to value, given their hybrid nature of containing elements of both debt and equity. ...