Author Topic: Would you abduct the still and all approach in compensation convertible preferreds  (Read 12 times)


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This is interdependent to cours ethereum the original without question of this notify: referring to the Costco 10-Q, pg 26, in the Long-Term Responsible section, it clearly says that in the 1H of fiscal 2005, $266.6M of principal was converted into 9.4M shares and in 1H of 2006, $164.9M of main part was converted into 5.6M shares. I don't comprehend how the evaluate of these share totals is exceptional the max shares convertible figure of 9,430,147 stipulated in the 10-K as a service to the 3.5% zero-coupon converts. My be in sympathy with of convertibles are that there is a defined amount of shares convertible representing each note/bond at a prearranged conversion price. Granted this understanding comes from interest-bearing converts with $1000 second-rate and claim 20:1 conversion relationship, i didn't about it would different in mechanics with zero-coupon. Could you illustrate this?