Description
Book SynopsisThis book introduces convertibles to the broader investment community. Written for both beginners and advanced readers interested in convertibles, Global Convertible Investing covers the basics of convertibles, convertible pricing and valuation, convertible arbitrage, and special issues specific to the convertible market.
Table of ContentsList of Figures
List of Tables
Introduction
Preface
Acknowledgments
PART ONE: THE CONVERTIBLE BASICS
Chapter 1: Anatomy of a Convertible
Chapter 2: Convertible Structures: Let Me Count the Ways
Chapter 3: Understanding the Prospectus: Caveat Emptor
Chapter 4: Global Convertible Markets
Chapter 5: Benchmarks and Performance: Global and Domestic Indices
Chapter 6: Convertible Valuation: A Cultural Overview
PART TWO: CONVERTIBLE PRICING AND VALUATION
Chapter 7: Option Pricing Theory
Chapter 8: Using the Black-Scholes Model to Price a Convertible Bond
Chapter 9: Sensitivity Analysis: The Greeks
Chapter 10: Convertible Bond Pricing: Binomial Trees
Chapter 11: Convertible Bond Pricing: Put plus Stock plus Yield Advantage
PART THREE: CONVERTIBLE HEDGING
Chapter 12: Convertible Arbitrage
Chapter 13: Hedging with Options
Chapter 14: Hedging Interest Rate and Default Risk
Chapter 15: Hedging Currency Risk
PART FOUR: SPECIAL TOPICS
Chapter 16: Mandatory Convertible Securities
Chapter 17: Busted Convertibles: Market Overview
Chapter 18: Investing in Busted Convertibles
Chapter 19: The Investment Decision
Epilogue
Appendix 1: MCS Name Variations
Appendix 2: Useful Internet Sites
Glossary of Notation
Glossary of Terms
Bibliography
Index
