
- UID
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- 帖子
- 243
- 主题
- 10
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-7
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The greater the premium, there is less of upside return compared to a bond without the conversion option which would lead to less attractiveness of the bond
However , due to the straight value it protects the downside risk. |
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