Examlex
Factor the following trinomial completely.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during its life, usually at the discretion of the bondholder.
Coupon Rate
The annual coupon divided by the face value of a bond.
Conversion Ratio
The number of shares per bond received for conversion into stock.
Conversion Price
The predetermined price at which convertible security can be converted into a common stock.
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