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Research findings become more convincing when
Convertibles
Refers to convertible bonds or preferred stocks that can be converted into a predetermined amount of the company's equity at certain times during their life, usually at the discretion of the bondholder.
Warrants
Financial instruments that give the holder the right, but not the obligation, to buy a company's stock at a specific price before a certain date.
Conversion Price
The predetermined price at which convertible securities, like bonds or preferred stocks, can be exchanged for a specified amount of another form, typically common stock.
Expected Return
Expected return is the anticipated amount of profit or loss an investment is projected to generate, based on historical or forecasted performance.
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