If you don't understand, ask. The Microchip Convertible Bond is about to reach the mandatory redemption condition. Why does the convertible bond still maintain such a high price?
Are convertible bondholders not afraid of forced redemption? It’s only two years until maturity.
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If you don't understand, ask. The Microchip Convertible Bond is about to reach the mandatory redemption condition. Why does the convertible bond still maintain such a high price?
Are convertible bondholders not afraid of forced redemption? It’s only two years until maturity.