Question: What is the difference between conversion parity and conversion value? How would you describe the payback period on a convertible? What is the investment value

What is the difference between conversion parity and conversion value? How would you describe the payback period on a convertible? What is the investment value of a convertible, and what does it reveal?

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Conversion value is an indication of what a convertible issue would trade for if its price were base... View full answer

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