Question
The floor value of a convertible bond: a. is the maximum of the straight bond value and the conversion value b. is the minimum of
The floor value of a convertible bond:
a. is the maximum of the "straight bond" value and the conversion value
b. is the minimum of the "straight bond" value and the conversion value
c. is the "straight bond" value
d. is the conversion value
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Nature Of Mathematics
Authors: Karl J. Smith
13th Edition
1133947255, 978-1133947257
