Exchangeable bond and Interest cost: Difference between pages

Revision as of 14:36, 9 October 2013

Pensions.

The increase in Projected Benefit Obligation that would arise simply as a result of the time value of money.

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-(XB).
+''Pensions.''
-A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.
+The increase in Projected Benefit Obligation that would arise simply as a result of the time value of money.
 == See also ==
-* [[Bond]]
+* [[Projected benefit obligation]]
+* [[Time value of money]]
+[[Category:Manage_risks]]