Part 1: The convertible basics -- Anatomy of a convertible -- Convertible structures : let me count the ways -- Understanding the prospectus: Caveat Emptor -- Global convertible markets -- Benchmarks and performance: global and domestic indices -- Convertible valuation: a cultural overview -- Part 2: Convertible pricing and valuation -- Option pricing theory -- Using the Black-Scholes Model to price a convertible bond -- Sensitivity analysis: the Greeks Convertible bond pricing: Binomial trees -- Convertible bond pricing: put plus stock plus yield advantage -- Part 3: Convertible hedging -- Convertible arbitrage -- Hedging with options -- Hedging interest rate and default risk -- Hedging currency risk -- Part 4: Special topics -- Mandatory convertible securities -- Busted convertibles: market overview -- Investing in busted convertibles -- The investment decision

1. Convertible securities