InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What Is A Convertible Bond? |
|
Answer» A convertible bond may be redeemed for a predetermined amount of the company's EQUITY at certain TIMES during its life, usually at the discretion of the bondholder. Convertibles are sometimes called "CVs." Issuing convertible bonds is one way for a company to minimize negative INVESTOR interpretation of its corporate actions. For example, if an ALREADY public company chooses to issue stock, the market usually INTERPRETS this as a sign that the company's share price. A convertible bond may be redeemed for a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder. Convertibles are sometimes called "CVs." Issuing convertible bonds is one way for a company to minimize negative investor interpretation of its corporate actions. For example, if an already public company chooses to issue stock, the market usually interprets this as a sign that the company's share price. |
|