Convertible securities are popular among investors who want a fixed (well-defined) interest income but also an upside potential. The convertible feature opens up the possibility of large gains for investors if the stock rapidly appreciates in value. There is only a small probability of large losses because of the security’s bond characteristics.
Details
- Publication Date
- Jun 19, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
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- Format