You are a financial advisor and one of your clients comes to you with a convertible bond that has a coupon rate of 8 percent. The market interest rate is 6 percent. The share price of the company that issued the bond is going down, and you don’t expect the company to recover in the near future. Your client is thinking of converting the bond into shares and wants your advice. What will you recommend to your client?
https://edubuddie.com/wp-content/uploads/2020/07/logo-300x79.png 0 0 Milton https://edubuddie.com/wp-content/uploads/2020/07/logo-300x79.png Milton2021-03-07 13:41:192021-03-07 13:41:19You are a financial advisor and one of your clients comes to you with a convertible bond that has a.