Assertion: convertible bond's price | /r/CapableOf | rise to profitable level
Facets:
value: at issuance
type: TEMPORAL
Source sentences:
text: A convertible bond is an example of deferred equity since the bondholder will exercise the convertible option and convert the bond to shares of common stock if the price of the underlying shares rise to a profitable level, typically 25% higher than the price at issuance.