Fundamentals of Corporate Finance Plus MyFinanceLab with Pearson eText -- Access Card Package
Fundamentals of Corporate Finance Plus MyFinanceLab with Pearson eText -- Access Card Package
3rd Edition
ISBN: 9780133576870
Author: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Publisher: PEARSON
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Chapter 15, Problem 11CT
Summary Introduction

Convertible and non-convertible bond: The bond which can be converted into a fixed number of shares after the certain period of time is called convertible bond whereas the bond which can’t be converted into a share is called the non-convertible bond.

To Identify: The reason for the yield on a convertible bond is lower than the yield on an otherwise identical bond without a conversion feature.

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Bonds 101 (DETAILED EXPLANATION FOR BEGINNERS); Author: It's Your Girl Rose;https://www.youtube.com/watch?v=Gskqx8dy9To;License: Standard Youtube License