Examlex
_____ references make it easier to create formulas that use portions or all of an Excel table because the names of headers are usually simpler to identify than cell addresses.
Straight Bond Value
The value of a bond that does not have any embedded options such as convertibility or callability, calculated based on its coupon payments and maturity value.
Conversion Price
The predetermined price at which convertible security, such as a convertible bond or preferred stock, can be converted into a specified amount of common stock.
Coupon
The annual interest rate paid on a bond, expressed as a percentage of the face value.
Convertible Bond
A category of bond which allows conversion into a specific quantity of the issuer's equity at designated times throughout its lifespan, often at the choice of the person holding the bond.
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