For example, Carnival Corp. (CCL) issued some zero-coupon convertible bonds in 2003 that automatically turned into stock if Carnival's share price hit $33.77. According to the terms of the ...
Its full definition is actually a little more technical ... By examining three different bonds, zero-coupon bonds, short-term bonds and long-term bonds, we can shed light on just how much duration ...
The current price of the zero-coupon bond issued at a discount ... Now that you know the coupon equivalent rate definition, you can also choose an ideal bond with better returns.