Sentences with phrase «at conversion parity»
To illustrate the comparison of a convertible bond's price to its common stock price, we look at conversion parity, which is the value you would receive if converted to stocks today; the conversion premium, which is the amount the bond is trading above the conversion parity, or how much you would pay for the option to convert to stocks in the future; and delta, which measures the sensitivity of the convertible bond's price to changes in the underlying stock price.
https://www.blackrockblog.com/ Not exact matches
In opposing the amendment, Department for Education spokesperson Baroness Garden of Frognal said, «At present, any maintained faith school is able to select up to 100 per cent of its pupils based on faith, subject to being oversubscribed... We want to ensure parity across faith schools in the maintained and academy sector... The noble Baroness's amendment would remove that flexibility for voluntary controlled schools that have converted to become academies, fixing their admissions arrangements to those that existed on the point of conversion.