What Does It Mean When a Bond Has a Sinking Fund?
Call features can be found in corporate, municipal and government issues as well as CDs. Corporations sometimes sell bonds that can be converted into a specific number of common stock shares. If an investor chooses to exercise the conversion option, the debt represented by the bond is retired when the bond is exchanged for stock. In conclusion, the world of private equity, with its massive scale and far-reaching impact, offers