| 释义 |
Straight value Straight valueAlso called investment value, the value of a convertible security without the conversion option.Straight ValueIn convertible security, the value of the security itself (usually a bond or preferred stock) without considering the fact that it may be converted to common stock. That is, the straight value is the value of a convertible bond less the value of the conversion option. It is also called the bond value or the investment value. |