What is the difference between a soft put and a hard put?
What will be an ideal response?
Along with the conversion privilege granted to the bondholder, most convertible bonds are callable at the option of the issuer. Some convertible bonds are putable. Put options can be classified as hard puts and soft puts. For a soft put, the issuer has the option to redeem the convertible security for cash, common stock, subordinated notes, or a combination of the three. A hard put is one where the convertible security must be redeemed by the issuer only for cash.
You might also like to view...
A ________ is a plot of the original variables using the factor loadings as coordinates
A) scree plot B) territorial map C) factor loading plot D) scattergram
ISO guidelines have not been adopted worldwide
Indicate whether the statement is true or false
Which of the following statements is true of sales promotions?
a. Public relations cannot effectively be used with sales promotions. b. Sales promotion is a type of direct marketing. c. Marketers view sales promotion as an attempt to create a long-term, committed relationship between customers and salespersons. d. Sales promotions include experiential marketing whereby marketers create events that enable customers to connect with brands.
The Magnuson-Moss Warranty Act does not govern warranties of commercial or industrial transactions
Indicate whether the statement is true or false