Examlex
Which of the following is NOT a weakness of the high-low method?
Straight Bond Value
The present value of a bond's future interest payments and its redemption value at maturity.
Conversion Price
The predetermined price at which convertible security can be exchanged for another asset, often shares of the issuing company's stock.
Coupon
The annual interest rate paid on a bond, expressed as a percentage of the face value, and paid from issue date until maturity.
Conversion Premium
The additional cost over the current market value of a convertible security that an investor pays to have the option to convert it into a set number of shares.
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