Assertion: convertible bond's price | /r/HasProperty | determined
Facets:
value: by dividing the price
type: MANNER
Source sentences:
text: If the preferred stock is trading at $100, the conversion break-even price on common shares can be determined by dividing the price by the conversion ratio, which is $20.
text: The conversion option will typically reflect either a fixed conversion price or a price that is determined based upon a fixed discount to the market price of the stock.