This chapter describes the basic features of warrants and convertibles.
The important questions are:
How can warrants and convertibles be valued?
What impact do warrants and convertibles have on firm value?
What are the differences between warrants, convertibles, and call options?
Under what circumstances are warrants and convertibles converted into common stock?
The important questions are:
How can warrants and convertibles be valued?
What impact do warrants and convertibles have on firm value?
What are the differences between warrants, convertibles, and call options?
Under what circumstances are warrants and convertibles converted into common stock?