Fixed income equivalent

Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price.

Busted Convertible Security

A convertible security in which the underlying stock is trading 50% or more below the value of the convertible option. This renders the convertible option nearly worthless, and the security acts like common debt. This is considered a low risk investment with the possibility of high return because a busted convertible usually has a fixed return, and there is a small chance that the stock will recover allowing the investor to exercise the convertible option.

单词	fixed income equivalent
释义	Fixed income equivalent Fixed income equivalent Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price. Busted Convertible Security A convertible security in which the underlying stock is trading 50% or more below the value of the convertible option. This renders the convertible option nearly worthless, and the security acts like common debt. This is considered a low risk investment with the possibility of high return because a busted convertible usually has a fixed return, and there is a small chance that the stock will recover allowing the investor to exercise the convertible option.
随便看	4g network 4-h 4-h club 4h club 4-heptanone 4-hitter 4-hydroxy-2-ethyl-5-methyl-3-furanone 4-hydroxybenzoic acid 4-hydroxybutyrate 4-hydroxybutyric acid lactone 4-hydroxybutyric aciduria 4-hydroxybutyricaciduria 4-hydroxy proline 4-hydroxyproline 4-hydroxyproline oxidase 4-hydroxytamoxifen 4-hydroxy-trans-2-nonenal 4hyp 4-hypercube 4-imidazolone-5-propionate 4k 4k2k 4k 3d tv 4k blu-ray player 4k camera