Convertible Bonds Explained: Coupon, Premium, Dilution
What is a convertible bond? Coupon savings, conversion premium, dilution risk, and how hedge funds run convertible arbitrage — with real examples.
What is a convertible bond? Coupon savings, conversion premium, dilution risk, and how hedge funds run convertible arbitrage — with real examples.
Learn how convertible bonds work — coupon, conversion ratio, bond floor, and conversion premium — with plain-English examples and a verified worked illustration.