Coronavirus-panicked investors may turn to this investment to get the best of both stocks and bonds

One conundrum that some investors face is how to capture the safety of bonds while trying to get in on riskier stock-like returns.

Enter convertible bonds.

These hybrid investments are corporate-issued bonds that pay interest — generally higher than U.S. Treasury rates but lower than those on regular corporate bonds. After a predetermined length of time — usually four to seven years — or when…

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