Examlex
Which of the following must be present for 'potential stress' to become 'actual stress'?
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.
Conversion Price
The predetermined price at which a convertible security, like a convertible bond or preferred share, can be converted into common shares of the issuing company.
Market Yield
The annual income return on an investment, expressed as a percentage of the market price.
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