Assertion: year convertible bond | /r/CapableOf | yield 5 percent
Facets:
value: with a 25 percent premium
type: OTHER
Source sentences:
text: Suppose you decide to buy a $5,000 bond when ABC Company is trading at $40 per share and issues $5 million worth of three-year convertible bonds yielding 5 percent with a 25 percent premium, meaning that in order to convert the shares, you would have to pay the share price at the time of issuance plus 25%.