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January 2007 |
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In this issue we discuss and give insight into how to use the New Issue Pricing Tool, provide details on the HY/Corp calculator and our corporate bond valuation, and provide a Glossary to define terms associated with the convertible details analytic. In this issue Convertible New Issue Pricing Tutorial Visit us on the web:E-Mail your suggestions and comments to: Copyright © 1996 - 2007 |
Convertible New Issue Pricing Tutorial The Kynex Convertible New Issue Pricing Tool allows you to model a hypothetical convertible security by simply entering the basic terms of the security. We have recently enhanced the functionality of the New Issue Pricing Tool. You can now provide a discrete dividend schedule for the underlying stock and call adjustment parameters as inputs for valuation. You can also value perpetual convertible preferred stock. High
Yield & Corporate Bonds Kynex has expanded its security coverage to include a sizable portion of the domestic corporate bond market. Currently, Kynex has included all domestic high yield bonds in its indicative (terms and conditions) database and a significant number of liquid investment grade bonds as well. Additions and enhancements are highlighted here, but you can follow the links for additional detail and explanation. Convertible
Details Glossary The following is a list of terms from the details page and their respective definitions. |
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