In relation to a convertible arbitrage trade in general, carefully explain the impact of a potential takeover/acquisition of the company that issued the convertible bond on the convertible arbitrage trade. Also, compare and contrast the effectiveness of a change of control put (at par) versus a ratchet table.
In relation to a convertible arbitrage trade in general, carefully explain the impact of a potential takeover/acquisition of the company that issued the convertible bond on the convertible arbitrage trade. Also, compare and contrast the effectiveness of a change of control put (at par) versus a ratchet table.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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In relation to a convertible arbitrage trade in general, carefully explain the impact of a
potential takeover/acquisition of the company that issued the convertible bond on the
convertible arbitrage trade. Also, compare and contrast the effectiveness of a change
of control put (at par) versus a ratchet table.
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