Yield to warrant expiration

Definition:

Applies mainly to convertible securities. Effective yield of usable convertible bonds determined by the expiration date of the applicable warrants.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Post

Particular place on the floor of an exchange where transactions in stocks listed on the exchange occur.

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