Using the link below: https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/templates-business-guides/glossary/convertible-debt#:~:text=With%20convertible%20debt%2C%20a%20business,some%20point%20in%20the%20future. What sort of risk does convertible risk have? How is convertible debt
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Question:
Using the link below:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/templates-business-guides/glossary/convertible-debt#:~:text=With%20convertible%20debt%2C%20a%20business,some%20point%20in%20the%20future.
What sort of risk does convertible risk have?
How is convertible debt safer than equity?
Is convertible debt risker than straight debt?
A basic idea in academic finance is that all risk is "priced" at time of purchase. How does this relate to the price convertible debt compared to say equity or straight debt?
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