You own a convertible bond with a conversion ratio of 20. The stock is currently selling for

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You own a convertible bond with a conversion ratio of 20. The stock is currently selling for $72 per share. The issuer of the bond has announced a call; the call price is 108. What are your options here? What should you do?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0078115660

7th edition

Authors: Bradford Jordan, Thomas Miller

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Question Posted: Nov 18, 2016 09:32 AM

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You own a convertible bond with a conversion ratio of 20. The stock is currently selling for

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Fundamentals of Investments Valuation and Management

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