Assertion: convertible bond | /r/HasProperty | valuable
Facets:
value: to an investor
type: TRANSITIVE-OBJECT
Source sentences:
text: A convertible bond is valuable to an investor, who is protected against a decline in his investment by the interest payments made on the bond, while also retaining the upside potential of an increase in the price of the stock into which the bond can be converted.
text: If the convertible bond is cheap or undervalued relative to the underlying stock, the arbitrageur will take a long position in the convertible bond and a simultaneous short position in the stock.