Convertible Bonds Explained: When Debt Turns Into Stock
How convertible bonds work: conversion ratio, conversion premium, the bond floor, convertible arbitrage, and the four main types of converts.
convertible bonds
Convertible Bonds: How Debt and Equity Merge in One Security
Learn how convertible bonds work — coupon, conversion ratio, bond floor, and conversion premium — with plain-English examples and a verified worked illustration.