Assertion: convertible debt instrument | /r/HasProperty | commonplace
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Source sentences:
text: Finally, the definition of "comparable yield" in the CPDI regulation states: "The comparable yield must be a reasonable yield for the issuer and must not be less than the applicable Federal rate" ("AFR").35 Since convertible debt instrument often have a yield less than the AFR, and convertible debt instruments are commonplace, the AFR floor implies that the regulation writers could not have intended that the CPDI comparable yield be the yield on a fixed-rate, convertible debt instrumentotherwise