Why, in the case of a convertible preferred share, are investors willing to pay a premium over

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Why, in the case of a convertible preferred share, are investors willing to pay a premium over the theoretical value (pure preferred value or conversion value)?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 17, 2018 12:01 PM

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Why, in the case of a convertible preferred share, are investors willing to pay a premium over

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Foundations of Financial Management

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