Conversion value
Conversion value is the value of the stock that the investor would receive if conversion occurred; the market price per share times the conversion ratio.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Conversion value. The value of the stock that the investor would receive if conversion occurred; the market price per share times the conversion ratio.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Conversion value, Ct. The value of common stock obtained by converting a convertible security.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
