Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- INVESTMENT PREMIUM (FOR CONVERTIBLE BONDS)
The amount by which it’s the convertible bond’s market price exceeds its value as a bond only, expressed as a percentage. The calculation is done by subtracting the investment value from the market value and dividing the difference by the investment value.Back