Morgan Brothers Bank, in 2011, issued a 2.5 millioninverse convertible note with payoffs linked to the cost of Molycorp's common stock.
Molycorp Morgan Brothers' Reverse Convertible Notes (C) Case Study Solution
These financially engineered securities were only one of several kinds of structured notes available in the retail market. Investors must decide if the notes were fairly priced and whether they offered a favorable risk-return trade-off.
PUBLICATION DATE: August 12, 2014 PRODUCT #: 215002-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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