Definition

Zero-Coupon Convertible

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A Zero-Coupon Convertible is a financial instrument for flat income that has two characteristics, zero coupon and convertible, and is a combination of the same. Since it is a zero coupon, the bond need not pay any interest and is convertible into the stock issued by the issuer at a specified price of conversion.

Term of the day

Default Risk Premium

What is Default risk premium? Default risk premium refers to the additional return received by the lender from the borrower by assuming default risk. Default r......
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