used to date:

Bond current yield = coupon / price

In theory:

Value of a bond = coupon (net present value of annuity) + principle (net present value of lump sum)

Value of a stock (have infinite life) = Dividends per share (net present value of an annuity for alpha)

Muni Equivalent taxable investment = Municipal yield / (1 – marginal tax rate)

Convertible bond recapture = premium / bond yield – dividend for stock

Convertible bond conversion price = current bond price / shares per bond conversion

Convertible bond conversion premium = marginal price of convertible bond – cash value / cash value

Convertible bond conversion ratio = face value / conversion price

Convertible bond conversion value = conversion ration X stock price

Convertible bond downside risk = marginal price – pure bond value / marginal price

Convertible bond potential gain = pure bond value – current bond price / current bond price

Convertible bond pay back period = (current price – stock price) (current ratio) / coupon – dividend (convertible bond price / convertible stock price)