WebNov 29, 2013 · Converting Treasury note prices (32nds, 64ths, 128th) to decimal Ask Question Asked 9 years, 3 months ago Modified 4 years ago Viewed 6k times Part of R Language Collective Collective 2 I wish to convert US Treasury Note futures prices to decimals (so 127-01+ = 127 + 1/32 + 1/64, and 127-01 1/4 = 127 + 1/32 + 1/128 etc). WebThe conversion price is the price at which the convertible note can be converted into the company’s shares. The conversion price is usually higher than the stock price as of the issuance date. The conversion ratio is estimated as the number of shares the convertible note is convertible into.
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