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

A convertible’s bond floor, or bond value (also investment value), is the discounted value of its coupons and redemption value....

The present value of future cash flows of a convertible bond as if it was a straight corporate bond, i.e.,...

A bond that does not carry any special features- i.e., it has no clauses granting conversion or warrant privileges. A...

A bond that does not carry any special features- i.e., it has no clauses granting conversion or warrant privileges. A...

A bond that does not carry any special features- i.e., it has no clauses granting conversion or warrant privileges. A...

The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The investment value...

A warrant that cannot be separated from its carrier bond and cannot be traded as a standalone security. It is...