Debentures are a method for a firm to obtain funds over an extended period of time. There are two types of debt instruments: convertible debt instruments and nonconvertible debt instruments. We will…
Tag: Convertible
Convertible Bonds – Meaning, Examples, Types, Benefits, Pros
When considering whether or not to purchase a convertible bond, it is crucial to monitor both the rate of interest rate change and the price of the underlying stock. Let’s take a…