[Solved] The value of a convertible bond is always less than the value of a straight bond with similar coupon and maturity. Autoerotic Asphyxiation: A dangerous sexual practice involving the intentional restriction of oxygen to the brain for the purposes of enhancing sexual arousal and orgasm. Sexual Masochistic: Pertaining to a paraphilia where sexual arousal and gratification depend on experiencing pain or humiliation. Collar: A part of a garment that encircles the neck, typically varying in style and width. Stockholders: refers to individuals or entities that own shares in a corporation, giving them partial ownership of the company and rights to dividends and a say in corporate governance.