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The payment that the issuer makes to the bondholder can be in any currency. The contract at the time of bond issue between the issuer and the investor can specify the currency denomination. It may be Indian Rupee or any other currency such as the US Dollar, Pound Sterling etc. There are some issues whose coupon payments are in one currency and principal payment is in another currency. These issues are called dual-currency issues.
Define a Convertible Bond A convertible bond issue permits the investor to exchange the bond for a pre-defined number of equity shares of the issuer. The convertible bond’s fl
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Venture capitalist is an organization in the practice of providing capital to fledgling organization with high growth potential in exchange for equity stakes and/or management cont
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