A type of convertible that has no current yield because it pays no coupon. However, the bond has a positive…

A convertible that comes with no annual coupon, but rather it is issued at a deep discount to par. In…

A convertible bond (CB) whose value is pulled down by a declining stock (its potential equity participation). In other words, the…

The percentage by which the conversion price (in a convertible) exceeds the current stock price. The following equation illustrates this:...

An abbreviation for zero-coupon convertible; a convertible that comes with no annual coupon, but rather it is issued at a...