Table 3 Equity and recovery information

From: A simple and precise method for pricing convertible bond with credit risk

  Company X Company Y
Stock price 34.63 23.38
Dividend yield 2.552% 3.95%
Bond recovery rate 40% 36.14%
Equity recovery rate 2% 1%
  1. Note: This table displays the closing stock prices and dividend yields on 10 September 2012, as well as the recovery rates.