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Are convertibles more attractive?
As a general rule, the stronger the company, the lower the preferred yield relative to its bond yield. From the buyer’s perspective, the convertible bond is attractive because it offers the opportunity to obtain the potentially large return associated with stocks, but with the safety of a bond.
How does a convertible bond work?
Mandatory convertible bonds are required to be converted by the investor at a particular conversion ratio and price level. On the other hand, a reversible convertible bond gives the company the right to convert the bond to equity shares or keep the bond as a fixed income investment until maturity.
Are convertible notes worth it?
Convertible notes avoid placing a valuation on the startup, which can be useful particularly for seed stage companies which have not had enough operating history to properly set a valuation. Convertible notes are good bridge-capital or intra-round financing options.
Do you pay interest on a convertible note?
4) The Interest Rate on a Note – A convertible note is a form of debt, or loan. As such, it usually accumulates interest, usually between 4-8\% between the point when you sign it and when it converts.
What color cars do attractive men and women drive?
According to a new survey by Insure.com, women say that attractive men tend to drive black Ford pickup trucks. Men report that attractive women drive red BMW sports cars. The survey of 2,000 men and women asked what type, brand and color of vehicle are driven by the most fetching members of the opposite sex.
Are men’s car choices acceptable to women?
Men, however, are very limited in their acceptable-to-women car choices. If they are driving a “dude car,” they are cool. If they are driving an androgynous dar, they are perhaps mysterious. If they are driving a “chick car,” women everywhere may be politely laughing under their breath.
Is It Cool for a woman to drive a dude car?
A woman driving a traditional Dude Car is cool. A woman driving a traditional Chick Car is cool. If she is driving a completely Androgynous Car, she is still cool. Men, however, are very limited in their acceptable-to-women car choices.
Are women attracted to men who drive exotic sports cars?
While other studies have shown that women are attracted to men who drive exotic sports cars, the Tesla is perhaps the ideal combination. It has the sleek curves of an exotic supercar, and it is an electric car, 100\% green.