what is the conversion premium of the following convertible bond? coupon rate 6% semi-annual time to maturity 5 years c
Posted: Thu May 19, 2022 7:05 am
what is the conversion premium of the following convertible bond?
coupon rate 6%
semi-annual
time to maturity 5 years
current YTM 8%
Conversion ratio 20 shares
Market price of underlying common stock $30
coupon rate 6%
semi-annual
time to maturity 5 years
current YTM 8%
Conversion ratio 20 shares
Market price of underlying common stock $30