id	sid	tid	token	lemma	pos
fbem-13191	1	1	frontiers	frontier	NOUN
fbem-13191	1	2	in	in	ADP
fbem-13191	1	3	business	business	NOUN
fbem-13191	1	4	,	,	PUNCT
fbem-13191	1	5	economics	economic	NOUN
fbem-13191	1	6	and	and	CCONJ
fbem-13191	1	7	management	management	NOUN
fbem-13191	1	8	issn	issn	PROPN
fbem-13191	1	9	:	:	PUNCT
fbem-13191	1	10	2766	2766	NUM
fbem-13191	1	11	-	-	PUNCT
fbem-13191	1	12	824x	824x	NUM
fbem-13191	1	13	|	|	ADJ
fbem-13191	1	14	vol	vol	NOUN
fbem-13191	1	15	.	.	PUNCT
fbem-13191	2	1	11	11	NUM
fbem-13191	2	2	,	,	PUNCT
fbem-13191	2	3	no	no	INTJ
fbem-13191	2	4	.	.	NOUN
fbem-13191	2	5	3	3	NUM
fbem-13191	2	6	,	,	PUNCT
fbem-13191	2	7	2023	2023	NUM
fbem-13191	2	8	80	80	NUM
fbem-13191	2	9	research	research	NOUN
fbem-13191	2	10	on	on	ADP
fbem-13191	2	11	pricing	pricing	NOUN
fbem-13191	2	12	model	model	NOUN
fbem-13191	2	13	of	of	ADP
fbem-13191	2	14	chinese	chinese	ADJ
fbem-13191	2	15	convertible	convertible	ADJ
fbem-13191	2	16	bonds	bond	NOUN
fbem-13191	2	17	-based	-base	VERB
fbem-13191	2	18	on	on	ADP
fbem-13191	2	19	the	the	DET
fbem-13191	2	20	nature	nature	NOUN
fbem-13191	2	21	of	of	ADP
fbem-13191	2	22	convertible	convertible	ADJ
fbem-13191	2	23	bonds	bond	NOUN
fbem-13191	2	24	themselves	themselves	PRON
fbem-13191	2	25	yiyang	yiyang	PROPN
fbem-13191	2	26	meng1	meng1	NOUN
fbem-13191	2	27	,	,	PUNCT
fbem-13191	2	28	a	a	DET
fbem-13191	2	29	1department	1department	NUM
fbem-13191	2	30	of	of	ADP
fbem-13191	2	31	international	international	ADJ
fbem-13191	2	32	economics	economic	NOUN
fbem-13191	2	33	and	and	CCONJ
fbem-13191	2	34	trade	trade	NOUN
fbem-13191	2	35	,	,	PUNCT
fbem-13191	2	36	jiangnan	jiangnan	PROPN
fbem-13191	2	37	university	university	PROPN
fbem-13191	2	38	,	,	PUNCT
fbem-13191	2	39	wuxi	wuxi	PROPN
fbem-13191	2	40	,	,	PUNCT
fbem-13191	2	41	214122	214122	NUM
fbem-13191	2	42	,	,	PUNCT
fbem-13191	2	43	china	china	PROPN
fbem-13191	2	44	a1083210135@stu.jiangnan.edu.cn	a1083210135@stu.jiangnan.edu.cn	PROPN
fbem-13191	2	45	abstract	abstract	NOUN
fbem-13191	2	46	:	:	PUNCT
fbem-13191	2	47	this	this	DET
fbem-13191	2	48	paper	paper	NOUN
fbem-13191	2	49	aims	aim	VERB
fbem-13191	2	50	to	to	PART
fbem-13191	2	51	create	create	VERB
fbem-13191	2	52	a	a	DET
fbem-13191	2	53	new	new	ADJ
fbem-13191	2	54	model	model	NOUN
fbem-13191	2	55	for	for	ADP
fbem-13191	2	56	convertible	convertible	ADJ
fbem-13191	2	57	bond	bond	NOUN
fbem-13191	2	58	pricing	pricing	NOUN
fbem-13191	2	59	based	base	VERB
fbem-13191	2	60	on	on	ADP
fbem-13191	2	61	convertible	convertible	ADJ
fbem-13191	2	62	bond	bond	NOUN
fbem-13191	2	63	rules	rule	NOUN
fbem-13191	2	64	and	and	CCONJ
fbem-13191	2	65	convertible	convertible	ADJ
fbem-13191	2	66	bond	bond	NOUN
fbem-13191	2	67	strategies	strategy	NOUN
fbem-13191	2	68	.	.	PUNCT
fbem-13191	3	1	and	and	CCONJ
fbem-13191	3	2	based	base	VERB
fbem-13191	3	3	on	on	ADP
fbem-13191	3	4	the	the	DET
fbem-13191	3	5	concept	concept	NOUN
fbem-13191	3	6	of	of	ADP
fbem-13191	3	7	value	value	NOUN
fbem-13191	3	8	investment	investment	NOUN
fbem-13191	3	9	,	,	PUNCT
fbem-13191	3	10	this	this	DET
fbem-13191	3	11	paper	paper	NOUN
fbem-13191	3	12	analyzes	analyze	VERB
fbem-13191	3	13	and	and	CCONJ
fbem-13191	3	14	deduces	deduce	VERB
fbem-13191	3	15	various	various	ADJ
fbem-13191	3	16	situations	situation	NOUN
fbem-13191	3	17	of	of	ADP
fbem-13191	3	18	convertible	convertible	ADJ
fbem-13191	3	19	bonds	bond	NOUN
fbem-13191	3	20	by	by	ADP
fbem-13191	3	21	using	use	VERB
fbem-13191	3	22	future	future	ADJ
fbem-13191	3	23	cash	cash	NOUN
fbem-13191	3	24	flow	flow	NOUN
fbem-13191	3	25	discount	discount	NOUN
fbem-13191	3	26	thinking	thinking	NOUN
fbem-13191	3	27	.	.	PUNCT
fbem-13191	4	1	in	in	ADP
fbem-13191	4	2	addition	addition	NOUN
fbem-13191	4	3	,	,	PUNCT
fbem-13191	4	4	two	two	NUM
fbem-13191	4	5	new	new	ADJ
fbem-13191	4	6	options	option	NOUN
fbem-13191	4	7	that	that	PRON
fbem-13191	4	8	achieve	achieve	VERB
fbem-13191	4	9	the	the	DET
fbem-13191	4	10	conditional	conditional	ADJ
fbem-13191	4	11	call	call	NOUN
fbem-13191	4	12	price	price	NOUN
fbem-13191	4	13	and	and	CCONJ
fbem-13191	4	14	options	option	NOUN
fbem-13191	4	15	that	that	PRON
fbem-13191	4	16	exceed	exceed	VERB
fbem-13191	4	17	the	the	DET
fbem-13191	4	18	conditional	conditional	ADJ
fbem-13191	4	19	call	call	NOUN
fbem-13191	4	20	price	price	NOUN
fbem-13191	4	21	are	be	AUX
fbem-13191	4	22	presented	present	VERB
fbem-13191	4	23	,	,	PUNCT
fbem-13191	4	24	and	and	CCONJ
fbem-13191	4	25	a	a	DET
fbem-13191	4	26	more	more	ADV
fbem-13191	4	27	flexible	flexible	ADJ
fbem-13191	4	28	formulation	formulation	NOUN
fbem-13191	4	29	of	of	ADP
fbem-13191	4	30	the	the	DET
fbem-13191	4	31	model	model	NOUN
fbem-13191	4	32	for	for	ADP
fbem-13191	4	33	computing	compute	VERB
fbem-13191	4	34	the	the	DET
fbem-13191	4	35	price	price	NOUN
fbem-13191	4	36	of	of	ADP
fbem-13191	4	37	convertible	convertible	ADJ
fbem-13191	4	38	bonds	bond	NOUN
fbem-13191	4	39	is	be	AUX
fbem-13191	4	40	derived	derive	VERB
fbem-13191	4	41	.	.	PUNCT
fbem-13191	5	1	however	however	ADV
fbem-13191	5	2	,	,	PUNCT
fbem-13191	5	3	this	this	DET
fbem-13191	5	4	model	model	NOUN
fbem-13191	5	5	requires	require	VERB
fbem-13191	5	6	the	the	DET
fbem-13191	5	7	user	user	NOUN
fbem-13191	5	8	to	to	PART
fbem-13191	5	9	have	have	VERB
fbem-13191	5	10	some	some	DET
fbem-13191	5	11	experience	experience	NOUN
fbem-13191	5	12	with	with	ADP
fbem-13191	5	13	convertible	convertible	ADJ
fbem-13191	5	14	bonds	bond	NOUN
fbem-13191	5	15	.	.	PUNCT
fbem-13191	6	1	this	this	PRON
fbem-13191	6	2	might	might	AUX
fbem-13191	6	3	make	make	VERB
fbem-13191	6	4	a	a	DET
fbem-13191	6	5	bit	bit	NOUN
fbem-13191	6	6	of	of	ADP
fbem-13191	6	7	sense	sense	NOUN
fbem-13191	6	8	for	for	ADP
fbem-13191	6	9	academic	academic	ADJ
fbem-13191	6	10	development	development	NOUN
fbem-13191	6	11	and	and	CCONJ
fbem-13191	6	12	could	could	AUX
fbem-13191	6	13	help	help	VERB
fbem-13191	6	14	people	people	NOUN
fbem-13191	6	15	better	well	ADV
fbem-13191	6	16	understand	understand	VERB
fbem-13191	6	17	and	and	CCONJ
fbem-13191	6	18	participate	participate	VERB
fbem-13191	6	19	in	in	ADP
fbem-13191	6	20	the	the	DET
fbem-13191	6	21	convertible	convertible	ADJ
fbem-13191	6	22	bond	bond	NOUN
fbem-13191	6	23	market	market	NOUN
fbem-13191	6	24	.	.	PUNCT
fbem-13191	7	1	keywords	keyword	NOUN
fbem-13191	7	2	:	:	PUNCT
fbem-13191	7	3	financial	financial	ADJ
fbem-13191	7	4	market	market	NOUN
fbem-13191	7	5	,	,	PUNCT
fbem-13191	7	6	pricing	pricing	NOUN
fbem-13191	7	7	of	of	ADP
fbem-13191	7	8	convertible	convertible	ADJ
fbem-13191	7	9	bonds	bond	NOUN
fbem-13191	7	10	,	,	PUNCT
fbem-13191	7	11	convertible	convertible	ADJ
fbem-13191	7	12	arbitrage	arbitrage	NOUN
fbem-13191	7	13	.	.	PUNCT
fbem-13191	8	1	1	1	X
fbem-13191	8	2	.	.	X
fbem-13191	8	3	introduction	introduction	NOUN
fbem-13191	8	4	1.1	1.1	NUM
fbem-13191	8	5	.	.	PUNCT
fbem-13191	9	1	research	research	NOUN
fbem-13191	9	2	background	background	NOUN
fbem-13191	9	3	in	in	ADP
fbem-13191	9	4	2017	2017	NUM
fbem-13191	9	5	,	,	PUNCT
fbem-13191	9	6	to	to	PART
fbem-13191	9	7	encourage	encourage	VERB
fbem-13191	9	8	the	the	DET
fbem-13191	9	9	issuance	issuance	NOUN
fbem-13191	9	10	of	of	ADP
fbem-13191	9	11	convertible	convertible	ADJ
fbem-13191	9	12	bonds	bond	NOUN
fbem-13191	10	1	,	,	PUNCT
fbem-13191	10	2	the	the	DET
fbem-13191	10	3	china	china	PROPN
fbem-13191	10	4	securities	securities	PROPN
fbem-13191	10	5	regulatory	regulatory	PROPN
fbem-13191	10	6	commission	commission	PROPN
fbem-13191	10	7	revised	revise	VERB
fbem-13191	10	8	the	the	DET
fbem-13191	10	9	new	new	ADJ
fbem-13191	10	10	rules	rule	NOUN
fbem-13191	10	11	for	for	ADP
fbem-13191	10	12	convertible	convertible	ADJ
fbem-13191	10	13	bonds	bond	NOUN
fbem-13191	10	14	in	in	ADP
fbem-13191	10	15	september	september	PROPN
fbem-13191	10	16	of	of	ADP
fbem-13191	10	17	the	the	DET
fbem-13191	10	18	same	same	ADJ
fbem-13191	10	19	year	year	NOUN
fbem-13191	10	20	,	,	PUNCT
fbem-13191	10	21	changing	change	VERB
fbem-13191	10	22	the	the	DET
fbem-13191	10	23	fund	fund	NOUN
fbem-13191	10	24	subscription	subscription	NOUN
fbem-13191	10	25	to	to	ADP
fbem-13191	10	26	a	a	DET
fbem-13191	10	27	credit	credit	NOUN
fbem-13191	10	28	subscription	subscription	NOUN
fbem-13191	10	29	.	.	PUNCT
fbem-13191	11	1	since	since	SCONJ
fbem-13191	11	2	then	then	ADV
fbem-13191	11	3	,	,	PUNCT
fbem-13191	11	4	the	the	DET
fbem-13191	11	5	scale	scale	NOUN
fbem-13191	11	6	of	of	ADP
fbem-13191	11	7	the	the	DET
fbem-13191	11	8	convertible	convertible	ADJ
fbem-13191	11	9	bond	bond	NOUN
fbem-13191	11	10	market	market	NOUN
fbem-13191	11	11	has	have	AUX
fbem-13191	11	12	continued	continue	VERB
fbem-13191	11	13	to	to	PART
fbem-13191	11	14	expand	expand	VERB
fbem-13191	11	15	,	,	PUNCT
fbem-13191	11	16	the	the	DET
fbem-13191	11	17	richness	richness	NOUN
fbem-13191	11	18	of	of	ADP
fbem-13191	11	19	the	the	DET
fbem-13191	11	20	issuer	issuer	NOUN
fbem-13191	11	21	industry	industry	NOUN
fbem-13191	11	22	has	have	AUX
fbem-13191	11	23	increased	increase	VERB
fbem-13191	11	24	,	,	PUNCT
fbem-13191	11	25	and	and	CCONJ
fbem-13191	11	26	the	the	DET
fbem-13191	11	27	convertible	convertible	ADJ
fbem-13191	11	28	bond	bond	NOUN
fbem-13191	11	29	has	have	AUX
fbem-13191	11	30	attracted	attract	VERB
fbem-13191	11	31	more	more	ADJ
fbem-13191	11	32	and	and	CCONJ
fbem-13191	11	33	more	more	ADJ
fbem-13191	11	34	attention	attention	NOUN
fbem-13191	11	35	from	from	ADP
fbem-13191	11	36	a	a	DET
fbem-13191	11	37	tiny	tiny	ADJ
fbem-13191	11	38	variety	variety	NOUN
fbem-13191	11	39	,	,	PUNCT
fbem-13191	11	40	and	and	CCONJ
fbem-13191	11	41	the	the	DET
fbem-13191	11	42	investor	investor	NOUN
fbem-13191	11	43	structure	structure	NOUN
fbem-13191	11	44	has	have	AUX
fbem-13191	11	45	also	also	ADV
fbem-13191	11	46	changed	change	VERB
fbem-13191	11	47	a	a	DET
fbem-13191	11	48	lot	lot	NOUN
fbem-13191	11	49	,	,	PUNCT
fbem-13191	11	50	and	and	CCONJ
fbem-13191	11	51	the	the	DET
fbem-13191	11	52	investment	investment	NOUN
fbem-13191	11	53	strategy	strategy	NOUN
fbem-13191	11	54	of	of	ADP
fbem-13191	11	55	convertible	convertible	ADJ
fbem-13191	11	56	bond	bond	NOUN
fbem-13191	11	57	has	have	AUX
fbem-13191	11	58	become	become	VERB
fbem-13191	11	59	more	more	ADV
fbem-13191	11	60	diversified	diversified	ADJ
fbem-13191	11	61	.	.	PUNCT
fbem-13191	12	1	the	the	DET
fbem-13191	12	2	size	size	NOUN
fbem-13191	12	3	of	of	ADP
fbem-13191	12	4	the	the	DET
fbem-13191	12	5	convertible	convertible	ADJ
fbem-13191	12	6	bond	bond	NOUN
fbem-13191	12	7	market	market	NOUN
fbem-13191	12	8	continued	continue	VERB
fbem-13191	12	9	to	to	PART
fbem-13191	12	10	grow	grow	VERB
fbem-13191	12	11	from	from	ADP
fbem-13191	12	12	34.4	34.4	NUM
fbem-13191	12	13	billion	billion	NUM
fbem-13191	12	14	yuan	yuan	NOUN
fbem-13191	12	15	at	at	ADP
fbem-13191	12	16	the	the	DET
fbem-13191	12	17	end	end	NOUN
fbem-13191	12	18	of	of	ADP
fbem-13191	12	19	2016	2016	NUM
fbem-13191	12	20	to	to	ADP
fbem-13191	12	21	647.1	647.1	NUM
fbem-13191	12	22	billion	billion	NUM
fbem-13191	12	23	yuan	yuan	NOUN
fbem-13191	12	24	at	at	ADP
fbem-13191	12	25	the	the	DET
fbem-13191	12	26	end	end	NOUN
fbem-13191	12	27	of	of	ADP
fbem-13191	12	28	2021	2021	NUM
fbem-13191	12	29	with	with	ADP
fbem-13191	12	30	a	a	DET
fbem-13191	12	31	total	total	ADJ
fbem-13191	12	32	turnover	turnover	NOUN
fbem-13191	12	33	of	of	ADP
fbem-13191	12	34	15.2	15.2	NUM
fbem-13191	12	35	trillion	trillion	NUM
fbem-13191	12	36	yuan	yuan	NOUN
fbem-13191	12	37	,	,	PUNCT
fbem-13191	12	38	showing	show	VERB
fbem-13191	12	39	strong	strong	ADJ
fbem-13191	12	40	liquidity	liquidity	NOUN
fbem-13191	12	41	and	and	CCONJ
fbem-13191	12	42	ample	ample	ADJ
fbem-13191	12	43	vitality	vitality	NOUN
fbem-13191	12	44	.	.	PUNCT
fbem-13191	13	1	in	in	ADP
fbem-13191	13	2	terms	term	NOUN
fbem-13191	13	3	of	of	ADP
fbem-13191	13	4	financing	financing	NOUN
fbem-13191	13	5	size	size	NOUN
fbem-13191	13	6	,	,	PUNCT
fbem-13191	13	7	it	it	PRON
fbem-13191	13	8	grew	grow	VERB
fbem-13191	13	9	from	from	ADP
fbem-13191	13	10	21.252	21.252	NUM
fbem-13191	13	11	billion	billion	NUM
fbem-13191	13	12	yuan	yuan	NOUN
fbem-13191	13	13	in	in	ADP
fbem-13191	13	14	2016	2016	NUM
fbem-13191	13	15	to	to	ADP
fbem-13191	13	16	277.167	277.167	NUM
fbem-13191	13	17	billion	billion	NUM
fbem-13191	13	18	yuan	yuan	NOUN
fbem-13191	13	19	in	in	ADP
fbem-13191	13	20	2021	2021	NUM
fbem-13191	13	21	,	,	PUNCT
fbem-13191	13	22	with	with	ADP
fbem-13191	13	23	an	an	DET
fbem-13191	13	24	average	average	ADJ
fbem-13191	13	25	annual	annual	ADJ
fbem-13191	13	26	growth	growth	NOUN
fbem-13191	13	27	rate	rate	NOUN
fbem-13191	13	28	of	of	ADP
fbem-13191	13	29	more	more	ADJ
fbem-13191	13	30	than	than	ADP
fbem-13191	13	31	160	160	NUM
fbem-13191	13	32	percent	percent	NOUN
fbem-13191	13	33	.	.	PUNCT
fbem-13191	14	1	in	in	ADP
fbem-13191	14	2	the	the	DET
fbem-13191	14	3	same	same	ADJ
fbem-13191	14	4	period	period	NOUN
fbem-13191	14	5	of	of	ADP
fbem-13191	14	6	2021	2021	NUM
fbem-13191	14	7	,	,	PUNCT
fbem-13191	14	8	the	the	DET
fbem-13191	14	9	total	total	ADJ
fbem-13191	14	10	financing	financing	NOUN
fbem-13191	14	11	of	of	ADP
fbem-13191	14	12	the	the	DET
fbem-13191	14	13	a	a	DET
fbem-13191	14	14	-	-	PUNCT
fbem-13191	14	15	share	share	NOUN
fbem-13191	14	16	market	market	NOUN
fbem-13191	14	17	was	be	AUX
fbem-13191	14	18	1,674.3	1,674.3	NUM
fbem-13191	14	19	billion	billion	NUM
fbem-13191	14	20	yuan	yuan	NOUN
fbem-13191	14	21	,	,	PUNCT
fbem-13191	14	22	and	and	CCONJ
fbem-13191	14	23	convertible	convertible	ADJ
fbem-13191	14	24	bonds	bond	NOUN
fbem-13191	14	25	accounted	account	VERB
fbem-13191	14	26	for	for	ADP
fbem-13191	14	27	16.55	16.55	NUM
fbem-13191	14	28	%	%	NOUN
fbem-13191	14	29	of	of	ADP
fbem-13191	14	30	the	the	DET
fbem-13191	14	31	total	total	ADJ
fbem-13191	14	32	quota	quota	NOUN
fbem-13191	14	33	financing	financing	NOUN
fbem-13191	14	34	of	of	ADP
fbem-13191	14	35	the	the	DET
fbem-13191	14	36	a	a	DET
fbem-13191	14	37	-	-	PUNCT
fbem-13191	14	38	share	share	NOUN
fbem-13191	14	39	market	market	NOUN
fbem-13191	14	40	,	,	PUNCT
fbem-13191	14	41	which	which	PRON
fbem-13191	14	42	became	become	VERB
fbem-13191	14	43	an	an	DET
fbem-13191	14	44	essential	essential	ADJ
fbem-13191	14	45	part	part	NOUN
fbem-13191	14	46	of	of	ADP
fbem-13191	14	47	the	the	DET
fbem-13191	14	48	financing	financing	NOUN
fbem-13191	14	49	of	of	ADP
fbem-13191	14	50	the	the	DET
fbem-13191	14	51	a	a	DET
fbem-13191	14	52	-	-	PUNCT
fbem-13191	14	53	share	share	NOUN
fbem-13191	14	54	market	market	NOUN
fbem-13191	14	55	,	,	PUNCT
fbem-13191	14	56	and	and	CCONJ
fbem-13191	14	57	also	also	ADV
fbem-13191	14	58	an	an	DET
fbem-13191	14	59	essential	essential	ADJ
fbem-13191	14	60	part	part	NOUN
fbem-13191	14	61	of	of	ADP
fbem-13191	14	62	china	china	PROPN
fbem-13191	14	63	's	's	PART
fbem-13191	14	64	financial	financial	ADJ
fbem-13191	14	65	market	market	NOUN
fbem-13191	14	66	.	.	PUNCT
fbem-13191	15	1	therefore	therefore	ADV
fbem-13191	15	2	,	,	PUNCT
fbem-13191	15	3	studying	study	VERB
fbem-13191	15	4	the	the	DET
fbem-13191	15	5	pricing	pricing	NOUN
fbem-13191	15	6	of	of	ADP
fbem-13191	15	7	convertible	convertible	ADJ
fbem-13191	15	8	bonds	bond	NOUN
fbem-13191	15	9	will	will	AUX
fbem-13191	15	10	help	help	VERB
fbem-13191	15	11	investors	investor	NOUN
fbem-13191	15	12	better	well	ADV
fbem-13191	15	13	participate	participate	VERB
fbem-13191	15	14	in	in	ADP
fbem-13191	15	15	the	the	DET
fbem-13191	15	16	investment	investment	NOUN
fbem-13191	15	17	of	of	ADP
fbem-13191	15	18	the	the	DET
fbem-13191	15	19	convertible	convertible	ADJ
fbem-13191	15	20	bond	bond	NOUN
fbem-13191	15	21	market	market	NOUN
fbem-13191	15	22	,	,	PUNCT
fbem-13191	15	23	thus	thus	ADV
fbem-13191	15	24	attracting	attract	VERB
fbem-13191	15	25	more	more	ADJ
fbem-13191	15	26	people	people	NOUN
fbem-13191	15	27	and	and	CCONJ
fbem-13191	15	28	funds	fund	NOUN
fbem-13191	15	29	to	to	PART
fbem-13191	15	30	pay	pay	VERB
fbem-13191	15	31	attention	attention	NOUN
fbem-13191	15	32	to	to	ADP
fbem-13191	15	33	the	the	DET
fbem-13191	15	34	convertible	convertible	ADJ
fbem-13191	15	35	bond	bond	NOUN
fbem-13191	15	36	market	market	NOUN
fbem-13191	15	37	and	and	CCONJ
fbem-13191	15	38	promote	promote	VERB
fbem-13191	15	39	the	the	DET
fbem-13191	15	40	healthy	healthy	ADJ
fbem-13191	15	41	development	development	NOUN
fbem-13191	15	42	of	of	ADP
fbem-13191	15	43	the	the	DET
fbem-13191	15	44	convertible	convertible	ADJ
fbem-13191	15	45	bond	bond	NOUN
fbem-13191	15	46	market	market	NOUN
fbem-13191	15	47	,	,	PUNCT
fbem-13191	15	48	which	which	PRON
fbem-13191	15	49	can	can	AUX
fbem-13191	15	50	also	also	ADV
fbem-13191	15	51	promote	promote	VERB
fbem-13191	15	52	the	the	DET
fbem-13191	15	53	further	further	ADJ
fbem-13191	15	54	development	development	NOUN
fbem-13191	15	55	of	of	ADP
fbem-13191	15	56	china	china	PROPN
fbem-13191	15	57	's	's	PART
fbem-13191	15	58	financial	financial	ADJ
fbem-13191	15	59	market	market	NOUN
fbem-13191	15	60	,	,	PUNCT
fbem-13191	15	61	provide	provide	VERB
fbem-13191	15	62	a	a	DET
fbem-13191	15	63	better	well	ADJ
fbem-13191	15	64	financial	financial	ADJ
fbem-13191	15	65	market	market	NOUN
fbem-13191	15	66	environment	environment	NOUN
fbem-13191	15	67	for	for	ADP
fbem-13191	15	68	listed	list	VERB
fbem-13191	15	69	companies	company	NOUN
fbem-13191	15	70	,	,	PUNCT
fbem-13191	15	71	and	and	CCONJ
fbem-13191	15	72	thus	thus	ADV
fbem-13191	15	73	promote	promote	VERB
fbem-13191	15	74	the	the	DET
fbem-13191	15	75	better	well	ADJ
fbem-13191	15	76	development	development	NOUN
fbem-13191	15	77	of	of	ADP
fbem-13191	15	78	china	china	PROPN
fbem-13191	15	79	's	's	PART
fbem-13191	15	80	economy	economy	NOUN
fbem-13191	15	81	.	.	PUNCT
fbem-13191	16	1	1.2	1.2	NUM
fbem-13191	16	2	.	.	PUNCT
fbem-13191	16	3	research	research	NOUN
fbem-13191	16	4	overview	overview	NOUN
fbem-13191	16	5	there	there	PRON
fbem-13191	16	6	have	have	AUX
fbem-13191	16	7	been	be	AUX
fbem-13191	16	8	more	more	ADJ
fbem-13191	16	9	than	than	ADP
fbem-13191	16	10	20	20	NUM
fbem-13191	16	11	years	year	NOUN
fbem-13191	16	12	of	of	ADP
fbem-13191	16	13	research	research	NOUN
fbem-13191	16	14	on	on	ADP
fbem-13191	16	15	the	the	DET
fbem-13191	16	16	pricing	pricing	NOUN
fbem-13191	16	17	of	of	ADP
fbem-13191	16	18	convertible	convertible	ADJ
fbem-13191	16	19	bonds	bond	NOUN
fbem-13191	16	20	in	in	ADP
fbem-13191	16	21	china	china	PROPN
fbem-13191	16	22	,	,	PUNCT
fbem-13191	16	23	which	which	PRON
fbem-13191	16	24	are	be	AUX
fbem-13191	16	25	mostly	mostly	ADV
fbem-13191	16	26	based	base	VERB
fbem-13191	16	27	on	on	ADP
fbem-13191	16	28	the	the	DET
fbem-13191	16	29	theory	theory	NOUN
fbem-13191	16	30	of	of	ADP
fbem-13191	16	31	option	option	NOUN
fbem-13191	16	32	pricing	pricing	NOUN
fbem-13191	16	33	.	.	PUNCT
fbem-13191	17	1	for	for	ADP
fbem-13191	17	2	example	example	NOUN
fbem-13191	17	3	,	,	PUNCT
fbem-13191	17	4	zheng	zheng	PROPN
fbem-13191	17	5	zhenlong	zhenlong	PROPN
fbem-13191	17	6	and	and	CCONJ
fbem-13191	17	7	lin	lin	PROPN
fbem-13191	17	8	hai	hai	PROPN
fbem-13191	17	9	's	's	PART
fbem-13191	17	10	research	research	NOUN
fbem-13191	17	11	on	on	ADP
fbem-13191	17	12	the	the	DET
fbem-13191	17	13	pricing	pricing	NOUN
fbem-13191	17	14	of	of	ADP
fbem-13191	17	15	chinese	chinese	ADJ
fbem-13191	17	16	convertible	convertible	ADJ
fbem-13191	17	17	bonds	bond	NOUN
fbem-13191	17	18	is	be	AUX
fbem-13191	17	19	based	base	VERB
fbem-13191	17	20	on	on	ADP
fbem-13191	17	21	the	the	DET
fbem-13191	17	22	black	black	ADJ
fbem-13191	17	23	-	-	PUNCT
fbem-13191	17	24	scholes	schole	NOUN
fbem-13191	17	25	model	model	NOUN
fbem-13191	17	26	as	as	ADP
fbem-13191	17	27	the	the	DET
fbem-13191	17	28	basic	basic	ADJ
fbem-13191	17	29	formula	formula	NOUN
fbem-13191	17	30	.	.	PUNCT
fbem-13191	18	1	[	[	X
fbem-13191	18	2	1	1	X
fbem-13191	18	3	]	]	PUNCT
fbem-13191	18	4	they	they	PRON
fbem-13191	18	5	assumed	assume	VERB
fbem-13191	18	6	that	that	SCONJ
fbem-13191	18	7	the	the	DET
fbem-13191	18	8	equity	equity	NOUN
fbem-13191	18	9	conversion	conversion	NOUN
fbem-13191	18	10	in	in	ADP
fbem-13191	18	11	china	china	PROPN
fbem-13191	18	12	's	's	PART
fbem-13191	18	13	convertible	convertible	ADJ
fbem-13191	18	14	bonds	bond	NOUN
fbem-13191	18	15	would	would	AUX
fbem-13191	18	16	not	not	PART
fbem-13191	18	17	be	be	AUX
fbem-13191	18	18	executed	execute	VERB
fbem-13191	18	19	in	in	ADP
fbem-13191	18	20	advance	advance	NOUN
fbem-13191	18	21	,	,	PUNCT
fbem-13191	18	22	so	so	SCONJ
fbem-13191	18	23	the	the	DET
fbem-13191	18	24	value	value	NOUN
fbem-13191	18	25	of	of	ADP
fbem-13191	18	26	the	the	DET
fbem-13191	18	27	convertible	convertible	ADJ
fbem-13191	18	28	bonds	bond	NOUN
fbem-13191	18	29	w	w	VERB
fbem-13191	18	30	was	be	AUX
fbem-13191	18	31	roughly	roughly	ADV
fbem-13191	18	32	expressed	express	VERB
fbem-13191	18	33	as	as	ADP
fbem-13191	18	34	:	:	PUNCT
fbem-13191	18	35	normal	normal	ADJ
fbem-13191	18	36	european	european	ADJ
fbem-13191	18	37	call	call	NOUN
fbem-13191	18	38	option	option	NOUN
fbem-13191	18	39	value	value	NOUN
fbem-13191	18	40	+	+	CCONJ
fbem-13191	18	41	maturity	maturity	NOUN
fbem-13191	18	42	date	date	NOUN
fbem-13191	18	43	bond	bond	NOUN
fbem-13191	18	44	value	value	NOUN
fbem-13191	18	45	present	present	ADJ
fbem-13191	18	46	value	value	NOUN
fbem-13191	18	47	+	+	CCONJ
fbem-13191	18	48	duration	duration	NOUN
fbem-13191	18	49	bond	bond	NOUN
fbem-13191	18	50	interest	interest	NOUN
fbem-13191	18	51	present	present	ADJ
fbem-13191	18	52	value	value	NOUN
fbem-13191	18	53	this	this	DET
fbem-13191	18	54	model	model	NOUN
fbem-13191	18	55	,	,	PUNCT
fbem-13191	18	56	proposed	propose	VERB
fbem-13191	18	57	by	by	ADP
fbem-13191	18	58	american	american	ADJ
fbem-13191	18	59	economists	economist	NOUN
fbem-13191	18	60	fischer	fischer	PROPN
fbem-13191	18	61	black	black	PROPN
fbem-13191	18	62	and	and	CCONJ
fbem-13191	18	63	myron	myron	PROPN
fbem-13191	18	64	scholes	schole	NOUN
fbem-13191	18	65	in	in	ADP
fbem-13191	18	66	1973	1973	NUM
fbem-13191	18	67	.	.	PUNCT
fbem-13191	19	1	[	[	X
fbem-13191	19	2	2	2	X
fbem-13191	19	3	]	]	PUNCT
fbem-13191	19	4	which	which	PRON
fbem-13191	19	5	is	be	AUX
fbem-13191	19	6	a	a	DET
fbem-13191	19	7	mathematical	mathematical	ADJ
fbem-13191	19	8	model	model	NOUN
fbem-13191	19	9	for	for	ADP
fbem-13191	19	10	pricing	pricing	NOUN
fbem-13191	19	11	options	option	NOUN
fbem-13191	19	12	contracts	contract	NOUN
fbem-13191	19	13	.	.	PUNCT
fbem-13191	20	1	the	the	DET
fbem-13191	20	2	model	model	NOUN
fbem-13191	20	3	is	be	AUX
fbem-13191	20	4	based	base	VERB
fbem-13191	20	5	on	on	ADP
fbem-13191	20	6	a	a	DET
fbem-13191	20	7	series	series	NOUN
fbem-13191	20	8	of	of	ADP
fbem-13191	20	9	assumptions	assumption	NOUN
fbem-13191	20	10	and	and	CCONJ
fbem-13191	20	11	is	be	AUX
fbem-13191	20	12	primarily	primarily	ADV
fbem-13191	20	13	applicable	applicable	ADJ
fbem-13191	20	14	to	to	ADP
fbem-13191	20	15	european	european	ADJ
fbem-13191	20	16	-	-	PUNCT
fbem-13191	20	17	style	style	NOUN
fbem-13191	20	18	options	option	NOUN
fbem-13191	20	19	,	,	PUNCT
fbem-13191	20	20	i.e.	i.e.	X
fbem-13191	20	21	options	option	NOUN
fbem-13191	20	22	that	that	PRON
fbem-13191	20	23	can	can	AUX
fbem-13191	20	24	only	only	ADV
fbem-13191	20	25	be	be	AUX
fbem-13191	20	26	exercised	exercise	VERB
fbem-13191	20	27	on	on	ADP
fbem-13191	20	28	the	the	DET
fbem-13191	20	29	expiration	expiration	NOUN
fbem-13191	20	30	date	date	NOUN
fbem-13191	20	31	.	.	PUNCT
fbem-13191	21	1	however	however	ADV
fbem-13191	21	2	,	,	PUNCT
fbem-13191	21	3	in	in	ADP
fbem-13191	21	4	fact	fact	NOUN
fbem-13191	21	5	,	,	PUNCT
fbem-13191	21	6	the	the	DET
fbem-13191	21	7	conversion	conversion	NOUN
fbem-13191	21	8	of	of	ADP
fbem-13191	21	9	convertible	convertible	ADJ
fbem-13191	21	10	bonds	bond	NOUN
fbem-13191	21	11	to	to	ADP
fbem-13191	21	12	equity	equity	NOUN
fbem-13191	21	13	in	in	ADP
fbem-13191	21	14	china	china	PROPN
fbem-13191	21	15	is	be	AUX
fbem-13191	21	16	executed	execute	VERB
fbem-13191	21	17	in	in	ADP
fbem-13191	21	18	advance	advance	NOUN
fbem-13191	21	19	,	,	PUNCT
fbem-13191	21	20	and	and	CCONJ
fbem-13191	21	21	the	the	DET
fbem-13191	21	22	black	black	ADJ
fbem-13191	21	23	-	-	PUNCT
fbem-13191	21	24	scholes	schole	NOUN
fbem-13191	21	25	model	model	NOUN
fbem-13191	21	26	is	be	AUX
fbem-13191	21	27	also	also	ADV
fbem-13191	21	28	set	set	VERB
fbem-13191	21	29	based	base	VERB
fbem-13191	21	30	on	on	ADP
fbem-13191	21	31	a	a	DET
fbem-13191	21	32	series	series	NOUN
fbem-13191	21	33	of	of	ADP
fbem-13191	21	34	assumptions	assumption	NOUN
fbem-13191	21	35	,	,	PUNCT
fbem-13191	21	36	so	so	CCONJ
fbem-13191	21	37	the	the	DET
fbem-13191	21	38	actual	actual	ADJ
fbem-13191	21	39	situation	situation	NOUN
fbem-13191	21	40	of	of	ADP
fbem-13191	21	41	the	the	DET
fbem-13191	21	42	market	market	NOUN
fbem-13191	21	43	often	often	ADV
fbem-13191	21	44	deviates	deviate	VERB
fbem-13191	21	45	.	.	PUNCT
fbem-13191	22	1	another	another	DET
fbem-13191	22	2	example	example	NOUN
fbem-13191	22	3	is	be	AUX
fbem-13191	22	4	jiang	jiang	PROPN
fbem-13191	22	5	dianchun	dianchun	PROPN
fbem-13191	22	6	and	and	CCONJ
fbem-13191	22	7	zhang	zhang	PROPN
fbem-13191	22	8	xin	xin	PROPN
fbem-13191	22	9	's	's	PART
fbem-13191	22	10	research	research	NOUN
fbem-13191	22	11	on	on	ADP
fbem-13191	22	12	the	the	DET
fbem-13191	22	13	pricing	pricing	NOUN
fbem-13191	22	14	of	of	ADP
fbem-13191	22	15	convertible	convertible	ADJ
fbem-13191	22	16	corporate	corporate	ADJ
fbem-13191	22	17	bonds	bond	NOUN
fbem-13191	22	18	.	.	PUNCT
fbem-13191	23	1	[	[	X
fbem-13191	23	2	3	3	X
fbem-13191	23	3	]	]	PUNCT
fbem-13191	23	4	it	it	PRON
fbem-13191	23	5	uses	use	VERB
fbem-13191	23	6	a	a	DET
fbem-13191	23	7	binary	binary	ADJ
fbem-13191	23	8	tree	tree	NOUN
fbem-13191	23	9	model	model	NOUN
fbem-13191	23	10	to	to	PART
fbem-13191	23	11	price	price	VERB
fbem-13191	23	12	chinese	chinese	ADJ
fbem-13191	23	13	convertible	convertible	ADJ
fbem-13191	23	14	bonds	bond	NOUN
fbem-13191	23	15	,	,	PUNCT
fbem-13191	23	16	demonstrates	demonstrate	VERB
fbem-13191	23	17	in	in	ADP
fbem-13191	23	18	detail	detail	NOUN
fbem-13191	23	19	the	the	DET
fbem-13191	23	20	irrationality	irrationality	NOUN
fbem-13191	23	21	of	of	ADP
fbem-13191	23	22	black	black	ADJ
fbem-13191	23	23	-	-	PUNCT
fbem-13191	23	24	scholes	schole	NOUN
fbem-13191	23	25	model	model	NOUN
fbem-13191	23	26	,	,	PUNCT
fbem-13191	23	27	and	and	CCONJ
fbem-13191	23	28	demonstrates	demonstrate	VERB
fbem-13191	23	29	the	the	DET
fbem-13191	23	30	applicability	applicability	NOUN
fbem-13191	23	31	of	of	ADP
fbem-13191	23	32	the	the	DET
fbem-13191	23	33	binary	binary	PROPN
fbem-13191	23	34	tree	tree	NOUN
fbem-13191	23	35	model	model	NOUN
fbem-13191	23	36	to	to	ADP
fbem-13191	23	37	the	the	DET
fbem-13191	23	38	pricing	pricing	NOUN
fbem-13191	23	39	of	of	ADP
fbem-13191	23	40	chinese	chinese	ADJ
fbem-13191	23	41	convertible	convertible	ADJ
fbem-13191	23	42	bonds	bond	NOUN
fbem-13191	23	43	.	.	PUNCT
fbem-13191	24	1	however	however	ADV
fbem-13191	24	2	,	,	PUNCT
fbem-13191	24	3	the	the	DET
fbem-13191	24	4	binary	binary	PROPN
fbem-13191	24	5	tree	tree	NOUN
fbem-13191	24	6	model	model	NOUN
fbem-13191	24	7	also	also	ADV
fbem-13191	24	8	has	have	VERB
fbem-13191	24	9	its	its	PRON
fbem-13191	24	10	limitations	limitation	NOUN
fbem-13191	24	11	,	,	PUNCT
fbem-13191	24	12	such	such	ADJ
fbem-13191	24	13	as	as	ADP
fbem-13191	24	14	the	the	DET
fbem-13191	24	15	approximate	approximate	ADJ
fbem-13191	24	16	error	error	NOUN
fbem-13191	24	17	caused	cause	VERB
fbem-13191	24	18	by	by	ADP
fbem-13191	24	19	discretization	discretization	NOUN
fbem-13191	24	20	and	and	CCONJ
fbem-13191	24	21	the	the	DET
fbem-13191	24	22	assumption	assumption	NOUN
fbem-13191	24	23	of	of	ADP
fbem-13191	24	24	market	market	NOUN
fbem-13191	24	25	volatility	volatility	NOUN
fbem-13191	24	26	.	.	PUNCT
fbem-13191	25	1	in	in	ADP
fbem-13191	25	2	addition	addition	NOUN
fbem-13191	25	3	,	,	PUNCT
fbem-13191	25	4	zhang	zhang	PROPN
fbem-13191	25	5	weiguo	weiguo	PROPN
fbem-13191	25	6	,	,	PUNCT
fbem-13191	25	7	shi	shi	PROPN
fbem-13191	25	8	qingsheng	qingsheng	PROPN
fbem-13191	25	9	and	and	CCONJ
fbem-13191	25	10	xu	xu	PROPN
fbem-13191	25	11	wenkun	wenkun	PROPN
fbem-13191	25	12	study	study	NOUN
fbem-13191	25	13	convertible	convertible	ADJ
fbem-13191	25	14	bond	bond	NOUN
fbem-13191	25	15	pricing	pricing	NOUN
fbem-13191	25	16	based	base	VERB
fbem-13191	25	17	on	on	ADP
fbem-13191	25	18	full	full	ADJ
fbem-13191	25	19	least	least	ADJ
fbem-13191	25	20	squares	square	NOUN
fbem-13191	25	21	quasi	quasi	ADJ
fbem-13191	25	22	-	-	ADJ
fbem-13191	25	23	monte	monte	ADJ
fbem-13191	25	24	carlo	carlo	NOUN
fbem-13191	25	25	method	method	NOUN
fbem-13191	25	26	.	.	PUNCT
fbem-13191	26	1	[	[	X
fbem-13191	26	2	4	4	X
fbem-13191	26	3	]	]	PUNCT
fbem-13191	26	4	by	by	ADP
fbem-13191	26	5	using	use	VERB
fbem-13191	26	6	stochastic	stochastic	ADJ
fbem-13191	26	7	faure	faure	NOUN
fbem-13191	26	8	sequence	sequence	NOUN
fbem-13191	26	9	and	and	CCONJ
fbem-13191	26	10	variance	variance	NOUN
fbem-13191	26	11	reduction	reduction	NOUN
fbem-13191	26	12	techniques	technique	NOUN
fbem-13191	26	13	,	,	PUNCT
fbem-13191	26	14	the	the	DET
fbem-13191	26	15	least	least	ADJ
fbem-13191	26	16	square	square	ADJ
fbem-13191	26	17	monte	monte	PROPN
fbem-13191	26	18	carlo	carlo	PROPN
fbem-13191	26	19	simulation	simulation	PROPN
fbem-13191	26	20	pricing	pricing	NOUN
fbem-13191	26	21	method	method	NOUN
fbem-13191	26	22	is	be	AUX
fbem-13191	26	23	used	use	VERB
fbem-13191	26	24	to	to	PART
fbem-13191	26	25	price	price	VERB
fbem-13191	26	26	convertible	convertible	ADJ
fbem-13191	26	27	bonds	bond	NOUN
fbem-13191	26	28	.	.	PUNCT
fbem-13191	27	1	however	however	ADV
fbem-13191	27	2	,	,	PUNCT
fbem-13191	27	3	for	for	ADP
fbem-13191	27	4	complex	complex	ADJ
fbem-13191	27	5	financial	financial	ADJ
fbem-13191	27	6	products	product	NOUN
fbem-13191	27	7	such	such	ADJ
fbem-13191	27	8	as	as	ADP
fbem-13191	27	9	convertible	convertible	ADJ
fbem-13191	27	10	bonds	bond	NOUN
fbem-13191	27	11	,	,	PUNCT
fbem-13191	27	12	the	the	DET
fbem-13191	27	13	selection	selection	NOUN
fbem-13191	27	14	and	and	CCONJ
fbem-13191	27	15	fitting	fitting	NOUN
fbem-13191	27	16	of	of	ADP
fbem-13191	27	17	the	the	DET
fbem-13191	27	18	return	return	NOUN
fbem-13191	27	19	function	function	NOUN
fbem-13191	27	20	may	may	AUX
fbem-13191	27	21	involve	involve	VERB
fbem-13191	27	22	some	some	DET
fbem-13191	27	23	subjective	subjective	ADJ
fbem-13191	27	24	judgments	judgment	NOUN
fbem-13191	27	25	,	,	PUNCT
fbem-13191	27	26	which	which	PRON
fbem-13191	27	27	need	need	VERB
fbem-13191	27	28	to	to	PART
fbem-13191	27	29	be	be	AUX
fbem-13191	27	30	carefully	carefully	ADV
fbem-13191	27	31	considered	consider	VERB
fbem-13191	27	32	and	and	CCONJ
fbem-13191	27	33	verified	verify	VERB
fbem-13191	27	34	.	.	PUNCT
fbem-13191	28	1	therefore	therefore	ADV
fbem-13191	28	2	,	,	PUNCT
fbem-13191	28	3	most	most	ADJ
fbem-13191	28	4	of	of	ADP
fbem-13191	28	5	the	the	DET
fbem-13191	28	6	existing	exist	VERB
fbem-13191	28	7	research	research	NOUN
fbem-13191	28	8	on	on	ADP
fbem-13191	28	9	the	the	DET
fbem-13191	28	10	pricing	pricing	NOUN
fbem-13191	28	11	of	of	ADP
fbem-13191	28	12	convertible	convertible	ADJ
fbem-13191	28	13	bonds	bond	NOUN
fbem-13191	28	14	is	be	AUX
fbem-13191	28	15	derived	derive	VERB
fbem-13191	28	16	from	from	ADP
fbem-13191	28	17	the	the	DET
fbem-13191	28	18	research	research	NOUN
fbem-13191	28	19	on	on	ADP
fbem-13191	28	20	options	option	NOUN
fbem-13191	28	21	.	.	PUNCT
fbem-13191	29	1	however	however	ADV
fbem-13191	29	2	,	,	PUNCT
fbem-13191	29	3	as	as	ADP
fbem-13191	29	4	a	a	DET
fbem-13191	29	5	financial	financial	ADJ
fbem-13191	29	6	product	product	NOUN
fbem-13191	29	7	containing	contain	VERB
fbem-13191	29	8	complex	complex	ADJ
fbem-13191	29	9	and	and	CCONJ
fbem-13191	29	10	exotic	exotic	ADJ
fbem-13191	29	11	options	option	NOUN
fbem-13191	29	12	,	,	PUNCT
fbem-13191	29	13	81	81	NUM
fbem-13191	29	14	convertible	convertible	ADJ
fbem-13191	29	15	bond	bond	NOUN
fbem-13191	29	16	is	be	AUX
fbem-13191	29	17	not	not	PART
fbem-13191	29	18	only	only	ADV
fbem-13191	29	19	a	a	DET
fbem-13191	29	20	single	single	ADJ
fbem-13191	29	21	option	option	NOUN
fbem-13191	29	22	,	,	PUNCT
fbem-13191	29	23	so	so	ADV
fbem-13191	29	24	many	many	ADJ
fbem-13191	29	25	pricing	pricing	NOUN
fbem-13191	29	26	models	model	NOUN
fbem-13191	29	27	are	be	AUX
fbem-13191	29	28	difficult	difficult	ADJ
fbem-13191	29	29	to	to	PART
fbem-13191	29	30	explain	explain	VERB
fbem-13191	29	31	the	the	DET
fbem-13191	29	32	specific	specific	ADJ
fbem-13191	29	33	composition	composition	NOUN
fbem-13191	29	34	of	of	ADP
fbem-13191	29	35	various	various	ADJ
fbem-13191	29	36	options	option	NOUN
fbem-13191	29	37	and	and	CCONJ
fbem-13191	29	38	prices	price	NOUN
fbem-13191	29	39	.	.	PUNCT
fbem-13191	30	1	therefore	therefore	ADV
fbem-13191	30	2	,	,	PUNCT
fbem-13191	30	3	it	it	PRON
fbem-13191	30	4	is	be	AUX
fbem-13191	30	5	difficult	difficult	ADJ
fbem-13191	30	6	to	to	PART
fbem-13191	30	7	judge	judge	VERB
fbem-13191	30	8	the	the	DET
fbem-13191	30	9	actual	actual	ADJ
fbem-13191	30	10	conditions	condition	NOUN
fbem-13191	30	11	of	of	ADP
fbem-13191	30	12	convertible	convertible	ADJ
fbem-13191	30	13	bonds	bond	NOUN
fbem-13191	30	14	.	.	PUNCT
fbem-13191	31	1	and	and	CCONJ
fbem-13191	31	2	convertible	convertible	ADJ
fbem-13191	31	3	bonds	bond	NOUN
fbem-13191	31	4	have	have	VERB
fbem-13191	31	5	a	a	DET
fbem-13191	31	6	very	very	ADV
fbem-13191	31	7	strong	strong	ADJ
fbem-13191	31	8	part	part	NOUN
fbem-13191	31	9	of	of	ADP
fbem-13191	31	10	its	its	PRON
fbem-13191	31	11	bond	bond	NOUN
fbem-13191	31	12	nature	nature	NOUN
fbem-13191	31	13	,	,	PUNCT
fbem-13191	31	14	which	which	PRON
fbem-13191	31	15	is	be	AUX
fbem-13191	31	16	the	the	DET
fbem-13191	31	17	basic	basic	ADJ
fbem-13191	31	18	nature	nature	NOUN
fbem-13191	31	19	can	can	AUX
fbem-13191	31	20	not	not	PART
fbem-13191	31	21	be	be	AUX
fbem-13191	31	22	ignored	ignore	VERB
fbem-13191	31	23	.	.	PUNCT
fbem-13191	32	1	therefore	therefore	ADV
fbem-13191	32	2	,	,	PUNCT
fbem-13191	32	3	based	base	VERB
fbem-13191	32	4	on	on	ADP
fbem-13191	32	5	the	the	DET
fbem-13191	32	6	nature	nature	NOUN
fbem-13191	32	7	of	of	ADP
fbem-13191	32	8	bonds	bond	NOUN
fbem-13191	32	9	,	,	PUNCT
fbem-13191	32	10	i	i	PRON
fbem-13191	32	11	will	will	AUX
fbem-13191	32	12	analyze	analyze	VERB
fbem-13191	32	13	the	the	DET
fbem-13191	32	14	price	price	NOUN
fbem-13191	32	15	of	of	ADP
fbem-13191	32	16	convertible	convertible	ADJ
fbem-13191	32	17	bonds	bond	NOUN
fbem-13191	32	18	by	by	ADP
fbem-13191	32	19	combining	combine	VERB
fbem-13191	32	20	various	various	ADJ
fbem-13191	32	21	constituent	constituent	NOUN
fbem-13191	32	22	options	option	NOUN
fbem-13191	32	23	,	,	PUNCT
fbem-13191	32	24	and	and	CCONJ
fbem-13191	32	25	derive	derive	VERB
fbem-13191	32	26	a	a	DET
fbem-13191	32	27	pricing	pricing	NOUN
fbem-13191	32	28	model	model	NOUN
fbem-13191	32	29	that	that	PRON
fbem-13191	32	30	is	be	AUX
fbem-13191	32	31	exclusive	exclusive	ADJ
fbem-13191	32	32	to	to	ADP
fbem-13191	32	33	convertible	convertible	ADJ
fbem-13191	32	34	bonds	bond	NOUN
fbem-13191	32	35	and	and	CCONJ
fbem-13191	32	36	can	can	AUX
fbem-13191	32	37	be	be	AUX
fbem-13191	32	38	used	use	VERB
fbem-13191	32	39	for	for	ADP
fbem-13191	32	40	price	price	NOUN
fbem-13191	32	41	analysis	analysis	NOUN
fbem-13191	32	42	of	of	ADP
fbem-13191	32	43	convertible	convertible	ADJ
fbem-13191	32	44	bonds	bond	NOUN
fbem-13191	32	45	under	under	ADP
fbem-13191	32	46	specific	specific	ADJ
fbem-13191	32	47	conditions	condition	NOUN
fbem-13191	32	48	from	from	ADP
fbem-13191	32	49	the	the	DET
fbem-13191	32	50	nature	nature	NOUN
fbem-13191	32	51	and	and	CCONJ
fbem-13191	32	52	regulations	regulation	NOUN
fbem-13191	32	53	of	of	ADP
fbem-13191	32	54	convertible	convertible	ADJ
fbem-13191	32	55	bonds	bond	NOUN
fbem-13191	32	56	.	.	PUNCT
fbem-13191	33	1	in	in	ADP
fbem-13191	33	2	addition	addition	NOUN
fbem-13191	33	3	,	,	PUNCT
fbem-13191	33	4	i	i	PRON
fbem-13191	33	5	bring	bring	VERB
fbem-13191	33	6	the	the	DET
fbem-13191	33	7	mathematical	mathematical	ADJ
fbem-13191	33	8	symbol	symbol	NOUN
fbem-13191	33	9	"	"	PUNCT
fbem-13191	33	10	v	v	NOUN
fbem-13191	33	11	"	"	PUNCT
fbem-13191	33	12	,	,	PUNCT
fbem-13191	33	13	which	which	PRON
fbem-13191	33	14	is	be	AUX
fbem-13191	33	15	rarely	rarely	ADV
fbem-13191	33	16	used	use	VERB
fbem-13191	33	17	in	in	ADP
fbem-13191	33	18	economic	economic	ADJ
fbem-13191	33	19	analysis	analysis	NOUN
fbem-13191	33	20	,	,	PUNCT
fbem-13191	33	21	into	into	ADP
fbem-13191	33	22	the	the	DET
fbem-13191	33	23	formula	formula	NOUN
fbem-13191	33	24	in	in	ADP
fbem-13191	33	25	order	order	NOUN
fbem-13191	33	26	to	to	PART
fbem-13191	33	27	show	show	VERB
fbem-13191	33	28	all	all	DET
fbem-13191	33	29	future	future	ADJ
fbem-13191	33	30	possibilities	possibility	NOUN
fbem-13191	33	31	at	at	ADP
fbem-13191	33	32	one	one	NUM
fbem-13191	33	33	point	point	NOUN
fbem-13191	33	34	in	in	ADP
fbem-13191	33	35	time	time	NOUN
fbem-13191	33	36	,	,	PUNCT
fbem-13191	33	37	thus	thus	ADV
fbem-13191	33	38	assisting	assist	VERB
fbem-13191	33	39	investors	investor	NOUN
fbem-13191	33	40	in	in	ADP
fbem-13191	33	41	making	make	VERB
fbem-13191	33	42	better	well	ADJ
fbem-13191	33	43	decisions	decision	NOUN
fbem-13191	33	44	.	.	PUNCT
fbem-13191	34	1	2	2	X
fbem-13191	34	2	.	.	X
fbem-13191	34	3	research	research	NOUN
fbem-13191	34	4	on	on	ADP
fbem-13191	34	5	pricing	pricing	NOUN
fbem-13191	34	6	of	of	ADP
fbem-13191	34	7	convertible	convertible	ADJ
fbem-13191	34	8	bonds	bond	NOUN
fbem-13191	34	9	2.1	2.1	NUM
fbem-13191	34	10	.	.	PUNCT
fbem-13191	34	11	assumed	assume	VERB
fbem-13191	34	12	condition	condition	NOUN
fbem-13191	34	13	assumption1	assumption1	PROPN
fbem-13191	34	14	:	:	PUNCT
fbem-13191	34	15	there	there	PRON
fbem-13191	34	16	is	be	VERB
fbem-13191	34	17	no	no	DET
fbem-13191	34	18	speculation	speculation	NOUN
fbem-13191	34	19	on	on	ADP
fbem-13191	34	20	the	the	DET
fbem-13191	34	21	convertible	convertible	ADJ
fbem-13191	34	22	bond	bond	NOUN
fbem-13191	34	23	itself	itself	PRON
fbem-13191	34	24	in	in	ADP
fbem-13191	34	25	the	the	DET
fbem-13191	34	26	market	market	NOUN
fbem-13191	34	27	.	.	PUNCT
fbem-13191	35	1	reasoning	reasoning	NOUN
fbem-13191	35	2	:	:	PUNCT
fbem-13191	35	3	because	because	SCONJ
fbem-13191	35	4	in	in	ADP
fbem-13191	35	5	the	the	DET
fbem-13191	35	6	convertible	convertible	ADJ
fbem-13191	35	7	bond	bond	NOUN
fbem-13191	35	8	market	market	NOUN
fbem-13191	35	9	there	there	PRON
fbem-13191	35	10	will	will	AUX
fbem-13191	35	11	be	be	AUX
fbem-13191	35	12	some	some	DET
fbem-13191	35	13	speculation	speculation	NOUN
fbem-13191	35	14	on	on	ADP
fbem-13191	35	15	the	the	DET
fbem-13191	35	16	convertible	convertible	ADJ
fbem-13191	35	17	bond	bond	NOUN
fbem-13191	35	18	itself	itself	PRON
fbem-13191	35	19	.	.	PUNCT
fbem-13191	36	1	in	in	ADP
fbem-13191	36	2	these	these	DET
fbem-13191	36	3	cases	case	NOUN
fbem-13191	36	4	,	,	PUNCT
fbem-13191	36	5	the	the	DET
fbem-13191	36	6	price	price	NOUN
fbem-13191	36	7	of	of	ADP
fbem-13191	36	8	convertible	convertible	ADJ
fbem-13191	36	9	bonds	bond	NOUN
fbem-13191	36	10	does	do	AUX
fbem-13191	36	11	not	not	PART
fbem-13191	36	12	depend	depend	VERB
fbem-13191	36	13	on	on	ADP
fbem-13191	36	14	the	the	DET
fbem-13191	36	15	value	value	NOUN
fbem-13191	36	16	of	of	ADP
fbem-13191	36	17	convertible	convertible	ADJ
fbem-13191	36	18	bonds	bond	NOUN
fbem-13191	36	19	nor	nor	CCONJ
fbem-13191	36	20	on	on	ADP
fbem-13191	36	21	the	the	DET
fbem-13191	36	22	value	value	NOUN
fbem-13191	36	23	of	of	ADP
fbem-13191	36	24	equity	equity	NOUN
fbem-13191	36	25	swaps	swap	NOUN
fbem-13191	36	26	,	,	PUNCT
fbem-13191	36	27	but	but	CCONJ
fbem-13191	36	28	is	be	AUX
fbem-13191	36	29	far	far	ADV
fbem-13191	36	30	from	from	ADP
fbem-13191	36	31	the	the	DET
fbem-13191	36	32	hype	hype	NOUN
fbem-13191	36	33	of	of	ADP
fbem-13191	36	34	the	the	DET
fbem-13191	36	35	value	value	NOUN
fbem-13191	36	36	of	of	ADP
fbem-13191	36	37	the	the	DET
fbem-13191	36	38	bonds	bond	NOUN
fbem-13191	36	39	themselves	themselves	PRON
fbem-13191	36	40	.	.	PUNCT
fbem-13191	37	1	for	for	ADP
fbem-13191	37	2	example	example	NOUN
fbem-13191	37	3	,	,	PUNCT
fbem-13191	37	4	this	this	DET
fbem-13191	37	5	situation	situation	NOUN
fbem-13191	37	6	often	often	ADV
fbem-13191	37	7	occurs	occur	VERB
fbem-13191	37	8	in	in	ADP
fbem-13191	37	9	the	the	DET
fbem-13191	37	10	newly	newly	ADV
fbem-13191	37	11	listed	list	VERB
fbem-13191	37	12	convertible	convertible	ADJ
fbem-13191	37	13	bond	bond	NOUN
fbem-13191	37	14	market	market	NOUN
fbem-13191	37	15	,	,	PUNCT
fbem-13191	37	16	because	because	SCONJ
fbem-13191	37	17	the	the	DET
fbem-13191	37	18	lock	lock	NOUN
fbem-13191	37	19	-	-	PUNCT
fbem-13191	37	20	up	up	NOUN
fbem-13191	37	21	period	period	NOUN
fbem-13191	37	22	of	of	ADP
fbem-13191	37	23	major	major	ADJ
fbem-13191	37	24	shareholders	shareholder	NOUN
fbem-13191	37	25	leads	lead	VERB
fbem-13191	37	26	to	to	ADP
fbem-13191	37	27	the	the	DET
fbem-13191	37	28	relatively	relatively	ADV
fbem-13191	37	29	small	small	ADJ
fbem-13191	37	30	amount	amount	NOUN
fbem-13191	37	31	of	of	ADP
fbem-13191	37	32	convertible	convertible	ADJ
fbem-13191	37	33	bonds	bond	NOUN
fbem-13191	37	34	in	in	ADP
fbem-13191	37	35	circulation	circulation	NOUN
fbem-13191	37	36	,	,	PUNCT
fbem-13191	37	37	which	which	PRON
fbem-13191	37	38	will	will	AUX
fbem-13191	37	39	attract	attract	VERB
fbem-13191	37	40	the	the	DET
fbem-13191	37	41	attention	attention	NOUN
fbem-13191	37	42	of	of	ADP
fbem-13191	37	43	hot	hot	ADJ
fbem-13191	37	44	money	money	NOUN
fbem-13191	37	45	for	for	ADP
fbem-13191	37	46	speculation	speculation	NOUN
fbem-13191	37	47	.	.	PUNCT
fbem-13191	38	1	in	in	ADP
fbem-13191	38	2	addition	addition	NOUN
fbem-13191	38	3	to	to	ADP
fbem-13191	38	4	this	this	DET
fbem-13191	38	5	situation	situation	NOUN
fbem-13191	38	6	,	,	PUNCT
fbem-13191	38	7	other	other	ADJ
fbem-13191	38	8	possible	possible	ADJ
fbem-13191	38	9	situations	situation	NOUN
fbem-13191	38	10	such	such	ADJ
fbem-13191	38	11	as	as	ADP
fbem-13191	38	12	the	the	DET
fbem-13191	38	13	small	small	ADJ
fbem-13191	38	14	size	size	NOUN
fbem-13191	38	15	of	of	ADP
fbem-13191	38	16	the	the	DET
fbem-13191	38	17	convertible	convertible	ADJ
fbem-13191	38	18	bond	bond	NOUN
fbem-13191	38	19	or	or	CCONJ
fbem-13191	38	20	some	some	DET
fbem-13191	38	21	other	other	ADJ
fbem-13191	38	22	special	special	ADJ
fbem-13191	38	23	factors	factor	NOUN
fbem-13191	38	24	may	may	AUX
fbem-13191	38	25	also	also	ADV
fbem-13191	38	26	cause	cause	VERB
fbem-13191	38	27	speculation	speculation	NOUN
fbem-13191	38	28	.	.	PUNCT
fbem-13191	39	1	under	under	ADP
fbem-13191	39	2	such	such	ADJ
fbem-13191	39	3	circumstances	circumstance	NOUN
fbem-13191	39	4	,	,	PUNCT
fbem-13191	39	5	it	it	PRON
fbem-13191	39	6	is	be	AUX
fbem-13191	39	7	very	very	ADV
fbem-13191	39	8	dangerous	dangerous	ADJ
fbem-13191	39	9	to	to	PART
fbem-13191	39	10	participate	participate	VERB
fbem-13191	39	11	in	in	ADP
fbem-13191	39	12	the	the	DET
fbem-13191	39	13	transaction	transaction	NOUN
fbem-13191	39	14	of	of	ADP
fbem-13191	39	15	convertible	convertible	ADJ
fbem-13191	39	16	bonds	bond	NOUN
fbem-13191	39	17	,	,	PUNCT
fbem-13191	39	18	so	so	SCONJ
fbem-13191	39	19	it	it	PRON
fbem-13191	39	20	is	be	AUX
fbem-13191	39	21	not	not	PART
fbem-13191	39	22	recommended	recommend	VERB
fbem-13191	39	23	to	to	PART
fbem-13191	39	24	participate	participate	VERB
fbem-13191	39	25	in	in	ADP
fbem-13191	39	26	the	the	DET
fbem-13191	39	27	transaction	transaction	NOUN
fbem-13191	39	28	of	of	ADP
fbem-13191	39	29	convertible	convertible	ADJ
fbem-13191	39	30	bonds	bond	NOUN
fbem-13191	39	31	under	under	ADP
fbem-13191	39	32	such	such	ADJ
fbem-13191	39	33	circumstances	circumstance	NOUN
fbem-13191	39	34	.	.	PUNCT
fbem-13191	40	1	in	in	ADP
fbem-13191	40	2	this	this	DET
fbem-13191	40	3	case	case	NOUN
fbem-13191	40	4	,	,	PUNCT
fbem-13191	40	5	it	it	PRON
fbem-13191	40	6	is	be	AUX
fbem-13191	40	7	difficult	difficult	ADJ
fbem-13191	40	8	to	to	PART
fbem-13191	40	9	estimate	estimate	VERB
fbem-13191	40	10	the	the	DET
fbem-13191	40	11	price	price	NOUN
fbem-13191	40	12	,	,	PUNCT
fbem-13191	40	13	so	so	SCONJ
fbem-13191	40	14	it	it	PRON
fbem-13191	40	15	is	be	AUX
fbem-13191	40	16	assumed	assume	VERB
fbem-13191	40	17	that	that	SCONJ
fbem-13191	40	18	there	there	PRON
fbem-13191	40	19	is	be	VERB
fbem-13191	40	20	no	no	DET
fbem-13191	40	21	speculation	speculation	NOUN
fbem-13191	40	22	on	on	ADP
fbem-13191	40	23	the	the	DET
fbem-13191	40	24	convertible	convertible	ADJ
fbem-13191	40	25	bond	bond	NOUN
fbem-13191	40	26	itself	itself	PRON
fbem-13191	40	27	in	in	ADP
fbem-13191	40	28	the	the	DET
fbem-13191	40	29	market	market	NOUN
fbem-13191	40	30	.	.	PUNCT
fbem-13191	41	1	assumption2	assumption2	NOUN
fbem-13191	41	2	:	:	PUNCT
fbem-13191	41	3	the	the	DET
fbem-13191	41	4	optimal	optimal	ADJ
fbem-13191	41	5	strategy	strategy	NOUN
fbem-13191	41	6	of	of	ADP
fbem-13191	41	7	china	china	PROPN
fbem-13191	41	8	's	's	PART
fbem-13191	41	9	convertible	convertible	ADJ
fbem-13191	41	10	bond	bond	NOUN
fbem-13191	41	11	issuers	issuer	NOUN
fbem-13191	41	12	is	be	AUX
fbem-13191	41	13	to	to	PART
fbem-13191	41	14	encourage	encourage	VERB
fbem-13191	41	15	investors	investor	NOUN
fbem-13191	41	16	to	to	PART
fbem-13191	41	17	convert	convert	VERB
fbem-13191	41	18	convertible	convertible	ADJ
fbem-13191	41	19	bonds	bond	NOUN
fbem-13191	41	20	into	into	ADP
fbem-13191	41	21	company	company	NOUN
fbem-13191	41	22	shares	share	NOUN
fbem-13191	41	23	as	as	ADV
fbem-13191	41	24	early	early	ADV
fbem-13191	41	25	as	as	ADP
fbem-13191	41	26	possible	possible	ADJ
fbem-13191	41	27	and	and	CCONJ
fbem-13191	41	28	at	at	ADP
fbem-13191	41	29	the	the	DET
fbem-13191	41	30	highest	high	ADJ
fbem-13191	41	31	possible	possible	ADJ
fbem-13191	41	32	conversion	conversion	NOUN
fbem-13191	41	33	price	price	NOUN
fbem-13191	41	34	.	.	PUNCT
fbem-13191	42	1	demonstration	demonstration	NOUN
fbem-13191	42	2	:	:	PUNCT
fbem-13191	42	3	see	see	VERB
fbem-13191	42	4	zheng	zheng	PROPN
fbem-13191	42	5	zhenlong	zhenlong	PROPN
fbem-13191	42	6	and	and	CCONJ
fbem-13191	42	7	lin	lin	PROPN
fbem-13191	42	8	hai	hai	PROPN
fbem-13191	43	1	[	[	X
fbem-13191	43	2	5	5	NUM
fbem-13191	43	3	]	]	PUNCT
fbem-13191	43	4	assumption3	assumption3	NOUN
fbem-13191	43	5	:	:	PUNCT
fbem-13191	43	6	suppose	suppose	VERB
fbem-13191	43	7	the	the	DET
fbem-13191	43	8	interest	interest	NOUN
fbem-13191	43	9	on	on	ADP
fbem-13191	43	10	a	a	DET
fbem-13191	43	11	convertible	convertible	ADJ
fbem-13191	43	12	bond	bond	NOUN
fbem-13191	43	13	is	be	AUX
fbem-13191	43	14	paid	pay	VERB
fbem-13191	43	15	once	once	ADV
fbem-13191	43	16	a	a	DET
fbem-13191	43	17	year	year	NOUN
fbem-13191	43	18	.	.	PUNCT
fbem-13191	44	1	reasoning	reasoning	NOUN
fbem-13191	44	2	:	:	PUNCT
fbem-13191	44	3	because	because	SCONJ
fbem-13191	44	4	interest	interest	NOUN
fbem-13191	44	5	payments	payment	NOUN
fbem-13191	44	6	on	on	ADP
fbem-13191	44	7	chinese	chinese	ADJ
fbem-13191	44	8	convertible	convertible	ADJ
fbem-13191	44	9	bonds	bond	NOUN
fbem-13191	44	10	are	be	AUX
fbem-13191	44	11	usually	usually	ADV
fbem-13191	44	12	paid	pay	VERB
fbem-13191	44	13	once	once	ADV
fbem-13191	44	14	a	a	DET
fbem-13191	44	15	year	year	NOUN
fbem-13191	44	16	.	.	PUNCT
fbem-13191	45	1	2.2	2.2	NUM
fbem-13191	45	2	.	.	PUNCT
fbem-13191	46	1	pricing	pricing	NOUN
fbem-13191	46	2	model	model	NOUN
fbem-13191	46	3	derivation	derivation	NOUN
fbem-13191	46	4	as	as	ADP
fbem-13191	46	5	for	for	ADP
fbem-13191	46	6	the	the	DET
fbem-13191	46	7	derivation	derivation	NOUN
fbem-13191	46	8	of	of	ADP
fbem-13191	46	9	the	the	DET
fbem-13191	46	10	convertible	convertible	ADJ
fbem-13191	46	11	bond	bond	NOUN
fbem-13191	46	12	model	model	NOUN
fbem-13191	47	1	,	,	PUNCT
fbem-13191	47	2	we	we	PRON
fbem-13191	47	3	start	start	VERB
fbem-13191	47	4	with	with	ADP
fbem-13191	47	5	the	the	DET
fbem-13191	47	6	most	most	ADV
fbem-13191	47	7	basic	basic	ADJ
fbem-13191	47	8	part	part	NOUN
fbem-13191	47	9	of	of	ADP
fbem-13191	47	10	the	the	DET
fbem-13191	47	11	bond	bond	NOUN
fbem-13191	47	12	value	value	NOUN
fbem-13191	47	13	,	,	PUNCT
fbem-13191	47	14	the	the	DET
fbem-13191	47	15	conversion	conversion	NOUN
fbem-13191	47	16	value	value	NOUN
fbem-13191	47	17	and	and	CCONJ
fbem-13191	47	18	the	the	DET
fbem-13191	47	19	resale	resale	NOUN
fbem-13191	47	20	value	value	NOUN
fbem-13191	47	21	.	.	PUNCT
fbem-13191	48	1	the	the	DET
fbem-13191	48	2	bond	bond	NOUN
fbem-13191	48	3	value	value	NOUN
fbem-13191	48	4	is	be	AUX
fbem-13191	48	5	calculated	calculate	VERB
fbem-13191	48	6	using	use	VERB
fbem-13191	48	7	the	the	DET
fbem-13191	48	8	formula	formula	NOUN
fbem-13191	48	9	that	that	PRON
fbem-13191	48	10	the	the	DET
fbem-13191	48	11	future	future	ADJ
fbem-13191	48	12	cash	cash	NOUN
fbem-13191	48	13	flow	flow	NOUN
fbem-13191	48	14	is	be	AUX
fbem-13191	48	15	converted	convert	VERB
fbem-13191	48	16	to	to	ADP
fbem-13191	48	17	the	the	DET
fbem-13191	48	18	current	current	ADJ
fbem-13191	48	19	value	value	NOUN
fbem-13191	48	20	.	.	PUNCT
fbem-13191	49	1	the	the	DET
fbem-13191	49	2	future	future	ADJ
fbem-13191	49	3	cash	cash	NOUN
fbem-13191	49	4	flow	flow	NOUN
fbem-13191	49	5	conversion	conversion	NOUN
fbem-13191	49	6	formula	formula	NOUN
fbem-13191	49	7	is	be	AUX
fbem-13191	49	8	as	as	SCONJ
fbem-13191	49	9	follows	follow	VERB
fbem-13191	49	10	:	:	PUNCT
fbem-13191	49	11	𝑃𝑉	𝑃𝑉	PROPN
fbem-13191	49	12	𝐶𝐹_1	𝐶𝐹_1	PUNCT
fbem-13191	49	13	/	/	SYM
fbem-13191	49	14	1	1	NUM
fbem-13191	49	15	𝑟	𝑟	NOUN
fbem-13191	49	16	^1	^1	SYM
fbem-13191	49	17	𝐶𝐹_2	𝐶𝐹_2	PROPN
fbem-13191	49	18	/	/	SYM
fbem-13191	49	19	1	1	NUM
fbem-13191	49	20	𝑟	𝑟	NOUN
fbem-13191	49	21	^2	^2	PUNCT
fbem-13191	49	22	…	…	PUNCT
fbem-13191	49	23	𝐶𝐹_𝑛	𝐶𝐹_𝑛	NOUN
fbem-13191	49	24	/	/	SYM
fbem-13191	49	25	1	1	NUM
fbem-13191	49	26	𝑟	𝑟	NOUN
fbem-13191	49	27	^𝑛	^𝑛	X
fbem-13191	49	28	(	(	PUNCT
fbem-13191	49	29	1	1	X
fbem-13191	49	30	)	)	PUNCT
fbem-13191	49	31	pv	pv	NOUN
fbem-13191	49	32	is	be	AUX
fbem-13191	49	33	the	the	DET
fbem-13191	49	34	present	present	ADJ
fbem-13191	49	35	value	value	NOUN
fbem-13191	49	36	or	or	CCONJ
fbem-13191	49	37	discounted	discount	VERB
fbem-13191	49	38	value	value	NOUN
fbem-13191	49	39	.	.	PUNCT
fbem-13191	50	1	cfi	cfi	PROPN
fbem-13191	50	2	is	be	AUX
fbem-13191	50	3	the	the	DET
fbem-13191	50	4	cash	cash	NOUN
fbem-13191	50	5	flow	flow	NOUN
fbem-13191	50	6	for	for	ADP
fbem-13191	50	7	phase	phase	NOUN
fbem-13191	50	8	i.	i.	NOUN
fbem-13191	50	9	r	r	NOUN
fbem-13191	50	10	is	be	AUX
fbem-13191	50	11	the	the	DET
fbem-13191	50	12	discount	discount	NOUN
fbem-13191	50	13	rate	rate	NOUN
fbem-13191	50	14	,	,	PUNCT
fbem-13191	50	15	which	which	PRON
fbem-13191	50	16	represents	represent	VERB
fbem-13191	50	17	the	the	DET
fbem-13191	50	18	opportunity	opportunity	NOUN
fbem-13191	50	19	cost	cost	NOUN
fbem-13191	50	20	or	or	CCONJ
fbem-13191	50	21	discount	discount	NOUN
fbem-13191	50	22	rate	rate	NOUN
fbem-13191	50	23	of	of	ADP
fbem-13191	50	24	each	each	DET
fbem-13191	50	25	period	period	NOUN
fbem-13191	50	26	of	of	ADP
fbem-13191	50	27	funds	fund	NOUN
fbem-13191	50	28	.	.	PUNCT
fbem-13191	51	1	in	in	ADP
fbem-13191	51	2	the	the	DET
fbem-13191	51	3	calculation	calculation	NOUN
fbem-13191	51	4	of	of	ADP
fbem-13191	51	5	bond	bond	NOUN
fbem-13191	51	6	value	value	NOUN
fbem-13191	51	7	,	,	PUNCT
fbem-13191	51	8	r	r	NOUN
fbem-13191	51	9	is	be	AUX
fbem-13191	51	10	generally	generally	ADV
fbem-13191	51	11	the	the	DET
fbem-13191	51	12	risk	risk	NOUN
fbem-13191	51	13	-	-	PUNCT
fbem-13191	51	14	free	free	ADJ
fbem-13191	51	15	rate	rate	NOUN
fbem-13191	51	16	of	of	ADP
fbem-13191	51	17	return	return	NOUN
fbem-13191	51	18	.	.	PUNCT
fbem-13191	52	1	but	but	CCONJ
fbem-13191	52	2	,	,	PUNCT
fbem-13191	52	3	in	in	ADP
fbem-13191	52	4	the	the	DET
fbem-13191	52	5	case	case	NOUN
fbem-13191	52	6	of	of	ADP
fbem-13191	52	7	convertible	convertible	ADJ
fbem-13191	52	8	bonds	bond	NOUN
fbem-13191	52	9	,	,	PUNCT
fbem-13191	52	10	r	r	NOUN
fbem-13191	52	11	needs	need	VERB
fbem-13191	52	12	to	to	PART
fbem-13191	52	13	make	make	VERB
fbem-13191	52	14	a	a	DET
fbem-13191	52	15	judgment	judgment	NOUN
fbem-13191	52	16	based	base	VERB
fbem-13191	52	17	on	on	ADP
fbem-13191	52	18	its	its	PRON
fbem-13191	52	19	bond	bond	NOUN
fbem-13191	52	20	grade	grade	NOUN
fbem-13191	52	21	and	and	CCONJ
fbem-13191	52	22	risk	risk	NOUN
fbem-13191	52	23	.	.	PUNCT
fbem-13191	53	1	the	the	DET
fbem-13191	53	2	formula	formula	NOUN
fbem-13191	53	3	takes	take	VERB
fbem-13191	53	4	into	into	ADP
fbem-13191	53	5	account	account	NOUN
fbem-13191	53	6	the	the	DET
fbem-13191	53	7	concept	concept	NOUN
fbem-13191	53	8	of	of	ADP
fbem-13191	53	9	time	time	NOUN
fbem-13191	53	10	value	value	NOUN
fbem-13191	53	11	,	,	PUNCT
fbem-13191	53	12	where	where	SCONJ
fbem-13191	53	13	the	the	DET
fbem-13191	53	14	value	value	NOUN
fbem-13191	53	15	of	of	ADP
fbem-13191	53	16	money	money	NOUN
fbem-13191	53	17	in	in	ADP
fbem-13191	53	18	the	the	DET
fbem-13191	53	19	future	future	NOUN
fbem-13191	53	20	is	be	AUX
fbem-13191	53	21	lower	low	ADJ
fbem-13191	53	22	than	than	ADP
fbem-13191	53	23	the	the	DET
fbem-13191	53	24	value	value	NOUN
fbem-13191	53	25	of	of	ADP
fbem-13191	53	26	money	money	NOUN
fbem-13191	53	27	in	in	ADP
fbem-13191	53	28	the	the	DET
fbem-13191	53	29	present	present	NOUN
fbem-13191	53	30	.	.	PUNCT
fbem-13191	54	1	based	base	VERB
fbem-13191	54	2	on	on	ADP
fbem-13191	54	3	this	this	PRON
fbem-13191	54	4	,	,	PUNCT
fbem-13191	54	5	we	we	PRON
fbem-13191	54	6	derive	derive	VERB
fbem-13191	54	7	that	that	SCONJ
fbem-13191	54	8	the	the	DET
fbem-13191	54	9	bond	bond	NOUN
fbem-13191	54	10	value	value	NOUN
fbem-13191	54	11	v	v	NOUN
fbem-13191	54	12	:	:	PUNCT
fbem-13191	54	13	𝑣	𝑣	X
fbem-13191	54	14	⋯	⋯	NOUN
fbem-13191	54	15	∗	∗	NOUN
fbem-13191	54	16	∗	∗	NOUN
fbem-13191	54	17	(	(	PUNCT
fbem-13191	54	18	2	2	NUM
fbem-13191	54	19	)	)	PUNCT
fbem-13191	54	20	here	here	ADV
fbem-13191	54	21	,	,	PUNCT
fbem-13191	54	22	in	in	ADP
fbem-13191	54	23	stands	stand	NOUN
fbem-13191	54	24	for	for	ADP
fbem-13191	54	25	the	the	DET
fbem-13191	54	26	interest	interest	NOUN
fbem-13191	54	27	of	of	ADP
fbem-13191	54	28	each	each	DET
fbem-13191	54	29	period	period	NOUN
fbem-13191	54	30	,	,	PUNCT
fbem-13191	54	31	f	f	PROPN
fbem-13191	54	32	stands	stand	VERB
fbem-13191	54	33	for	for	ADP
fbem-13191	54	34	the	the	DET
fbem-13191	54	35	face	face	NOUN
fbem-13191	54	36	value	value	NOUN
fbem-13191	54	37	of	of	ADP
fbem-13191	54	38	the	the	DET
fbem-13191	54	39	bond	bond	NOUN
fbem-13191	54	40	,	,	PUNCT
fbem-13191	54	41	and	and	CCONJ
fbem-13191	54	42	rb	rb	PROPN
fbem-13191	54	43	stands	stand	VERB
fbem-13191	54	44	for	for	ADP
fbem-13191	54	45	the	the	DET
fbem-13191	54	46	ratio	ratio	NOUN
fbem-13191	54	47	of	of	ADP
fbem-13191	54	48	the	the	DET
fbem-13191	54	49	after	after	ADP
fbem-13191	54	50	-	-	PUNCT
fbem-13191	54	51	tax	tax	NOUN
fbem-13191	54	52	repurchase	repurchase	NOUN
fbem-13191	54	53	price	price	NOUN
fbem-13191	54	54	to	to	ADP
fbem-13191	54	55	the	the	DET
fbem-13191	54	56	face	face	NOUN
fbem-13191	54	57	value	value	NOUN
fbem-13191	54	58	.	.	PUNCT
fbem-13191	55	1	the	the	DET
fbem-13191	55	2	repurchase	repurchase	NOUN
fbem-13191	55	3	price	price	NOUN
fbem-13191	55	4	is	be	AUX
fbem-13191	55	5	generally	generally	ADV
fbem-13191	55	6	used	use	VERB
fbem-13191	55	7	to	to	PART
fbem-13191	55	8	compensate	compensate	VERB
fbem-13191	55	9	the	the	DET
fbem-13191	55	10	creditor	creditor	NOUN
fbem-13191	55	11	for	for	ADP
fbem-13191	55	12	the	the	DET
fbem-13191	55	13	lower	low	ADJ
fbem-13191	55	14	interest	interest	NOUN
fbem-13191	55	15	charged	charge	VERB
fbem-13191	55	16	on	on	ADP
fbem-13191	55	17	the	the	DET
fbem-13191	55	18	loan	loan	NOUN
fbem-13191	55	19	funds	fund	NOUN
fbem-13191	55	20	.	.	PUNCT
fbem-13191	56	1	in	in	ADP
fbem-13191	56	2	many	many	ADJ
fbem-13191	56	3	cases	case	NOUN
fbem-13191	56	4	in	in	ADP
fbem-13191	56	5	china	china	PROPN
fbem-13191	56	6	,	,	PUNCT
fbem-13191	56	7	the	the	DET
fbem-13191	56	8	repurchase	repurchase	NOUN
fbem-13191	56	9	price	price	NOUN
fbem-13191	56	10	includes	include	VERB
fbem-13191	56	11	the	the	DET
fbem-13191	56	12	last	last	ADJ
fbem-13191	56	13	interest	interest	NOUN
fbem-13191	56	14	,	,	PUNCT
fbem-13191	56	15	so	so	SCONJ
fbem-13191	56	16	in	in	ADV
fbem-13191	56	17	can	can	AUX
fbem-13191	56	18	be	be	AUX
fbem-13191	56	19	regarded	regard	VERB
fbem-13191	56	20	as	as	ADP
fbem-13191	56	21	0	0	NUM
fbem-13191	56	22	and	and	CCONJ
fbem-13191	56	23	only	only	ADV
fbem-13191	56	24	the	the	DET
fbem-13191	56	25	cash	cash	NOUN
fbem-13191	56	26	flow	flow	NOUN
fbem-13191	56	27	of	of	ADP
fbem-13191	56	28	repurchase	repurchase	NOUN
fbem-13191	56	29	can	can	AUX
fbem-13191	56	30	be	be	AUX
fbem-13191	56	31	calculated	calculate	VERB
fbem-13191	56	32	.	.	PUNCT
fbem-13191	57	1	tr	tr	VERB
fbem-13191	57	2	represents	represent	VERB
fbem-13191	57	3	the	the	DET
fbem-13191	57	4	tax	tax	NOUN
fbem-13191	57	5	rate	rate	NOUN
fbem-13191	57	6	.	.	PUNCT
fbem-13191	58	1	because	because	SCONJ
fbem-13191	58	2	chinese	chinese	ADJ
fbem-13191	58	3	individuals	individual	NOUN
fbem-13191	58	4	and	and	CCONJ
fbem-13191	58	5	institutions	institution	NOUN
fbem-13191	58	6	participate	participate	VERB
fbem-13191	58	7	in	in	ADP
fbem-13191	58	8	the	the	DET
fbem-13191	58	9	convertible	convertible	ADJ
fbem-13191	58	10	bond	bond	NOUN
fbem-13191	58	11	market	market	NOUN
fbem-13191	58	12	,	,	PUNCT
fbem-13191	58	13	the	the	DET
fbem-13191	58	14	interest	interest	NOUN
fbem-13191	58	15	tax	tax	NOUN
fbem-13191	58	16	rate	rate	NOUN
fbem-13191	58	17	is	be	AUX
fbem-13191	58	18	different	different	ADJ
fbem-13191	58	19	,	,	PUNCT
fbem-13191	58	20	20	20	NUM
fbem-13191	58	21	%	%	NOUN
fbem-13191	58	22	for	for	ADP
fbem-13191	58	23	individuals	individual	NOUN
fbem-13191	58	24	and	and	CCONJ
fbem-13191	58	25	10	10	NUM
fbem-13191	58	26	%	%	NOUN
fbem-13191	58	27	for	for	ADP
fbem-13191	58	28	institutions	institution	NOUN
fbem-13191	58	29	.	.	PUNCT
fbem-13191	59	1	moreover	moreover	ADV
fbem-13191	59	2	,	,	PUNCT
fbem-13191	59	3	institutions	institution	NOUN
fbem-13191	59	4	are	be	AUX
fbem-13191	59	5	more	more	ADV
fbem-13191	59	6	specialized	specialized	ADJ
fbem-13191	59	7	in	in	ADP
fbem-13191	59	8	the	the	DET
fbem-13191	59	9	market	market	NOUN
fbem-13191	59	10	,	,	PUNCT
fbem-13191	59	11	have	have	VERB
fbem-13191	59	12	larger	large	ADJ
fbem-13191	59	13	capital	capital	NOUN
fbem-13191	59	14	scale	scale	NOUN
fbem-13191	59	15	and	and	CCONJ
fbem-13191	59	16	more	more	ADJ
fbem-13191	59	17	financial	financial	ADJ
fbem-13191	59	18	instruments	instrument	NOUN
fbem-13191	59	19	,	,	PUNCT
fbem-13191	59	20	so	so	SCONJ
fbem-13191	59	21	it	it	PRON
fbem-13191	59	22	is	be	AUX
fbem-13191	59	23	suggested	suggest	VERB
fbem-13191	59	24	that	that	SCONJ
fbem-13191	59	25	the	the	DET
fbem-13191	59	26	tax	tax	NOUN
fbem-13191	59	27	rate	rate	NOUN
fbem-13191	59	28	should	should	AUX
fbem-13191	59	29	be	be	AUX
fbem-13191	59	30	calculated	calculate	VERB
fbem-13191	59	31	based	base	VERB
fbem-13191	59	32	on	on	ADP
fbem-13191	59	33	the	the	DET
fbem-13191	59	34	tax	tax	NOUN
fbem-13191	59	35	rate	rate	NOUN
fbem-13191	59	36	of	of	ADP
fbem-13191	59	37	institutions	institution	NOUN
fbem-13191	59	38	.	.	PUNCT
fbem-13191	60	1	the	the	DET
fbem-13191	60	2	formula	formula	NOUN
fbem-13191	60	3	for	for	ADP
fbem-13191	60	4	calculating	calculate	VERB
fbem-13191	60	5	in	in	ADP
fbem-13191	60	6	should	should	AUX
fbem-13191	60	7	be	be	AUX
fbem-13191	60	8	:	:	PUNCT
fbem-13191	60	9	𝐼	𝐼	PROPN
fbem-13191	60	10	𝐹	𝐹	PROPN
fbem-13191	60	11	∗	∗	VERB
fbem-13191	60	12	𝑟	𝑟	PRON
fbem-13191	60	13	∗	∗	NOUN
fbem-13191	60	14	1	1	NUM
fbem-13191	60	15	𝑡	𝑡	NOUN
fbem-13191	60	16	(	(	PUNCT
fbem-13191	60	17	3	3	NUM
fbem-13191	60	18	)	)	PUNCT
fbem-13191	60	19	rn	rn	PROPN
fbem-13191	60	20	is	be	AUX
fbem-13191	60	21	the	the	DET
fbem-13191	60	22	interest	interest	NOUN
fbem-13191	60	23	rate	rate	NOUN
fbem-13191	60	24	per	per	ADP
fbem-13191	60	25	period	period	NOUN
fbem-13191	60	26	.	.	PUNCT
fbem-13191	61	1	according	accord	VERB
fbem-13191	61	2	to	to	ADP
fbem-13191	61	3	the	the	DET
fbem-13191	61	4	simple	simple	ADJ
fbem-13191	61	5	relationship	relationship	NOUN
fbem-13191	61	6	between	between	ADP
fbem-13191	61	7	the	the	DET
fbem-13191	61	8	face	face	NOUN
fbem-13191	61	9	value	value	NOUN
fbem-13191	61	10	,	,	PUNCT
fbem-13191	61	11	the	the	DET
fbem-13191	61	12	conversion	conversion	NOUN
fbem-13191	61	13	price	price	NOUN
fbem-13191	61	14	and	and	CCONJ
fbem-13191	61	15	the	the	DET
fbem-13191	61	16	present	present	ADJ
fbem-13191	61	17	value	value	NOUN
fbem-13191	61	18	of	of	ADP
fbem-13191	61	19	the	the	DET
fbem-13191	61	20	stock	stock	NOUN
fbem-13191	61	21	,	,	PUNCT
fbem-13191	61	22	an	an	DET
fbem-13191	61	23	accurate	accurate	ADJ
fbem-13191	61	24	calculation	calculation	NOUN
fbem-13191	61	25	formula	formula	NOUN
fbem-13191	61	26	for	for	ADP
fbem-13191	61	27	the	the	DET
fbem-13191	61	28	conversion	conversion	NOUN
fbem-13191	61	29	value	value	NOUN
fbem-13191	61	30	of	of	ADP
fbem-13191	61	31	the	the	DET
fbem-13191	61	32	bond	bond	NOUN
fbem-13191	61	33	can	can	AUX
fbem-13191	61	34	be	be	AUX
fbem-13191	61	35	directly	directly	ADV
fbem-13191	61	36	obtained	obtain	VERB
fbem-13191	61	37	:	:	PUNCT
fbem-13191	61	38	𝑣	𝑣	ADP
fbem-13191	61	39	∗	∗	NOUN
fbem-13191	61	40	𝑃	𝑃	NOUN
fbem-13191	61	41	4	4	NUM
fbem-13191	61	42	where	where	SCONJ
fbem-13191	61	43	vt	vt	PROPN
fbem-13191	61	44	is	be	AUX
fbem-13191	61	45	the	the	DET
fbem-13191	61	46	conversion	conversion	NOUN
fbem-13191	61	47	value	value	NOUN
fbem-13191	61	48	,	,	PUNCT
fbem-13191	61	49	pz	pz	PROPN
fbem-13191	61	50	is	be	AUX
fbem-13191	61	51	the	the	DET
fbem-13191	61	52	conversion	conversion	NOUN
fbem-13191	61	53	stock	stock	NOUN
fbem-13191	61	54	price	price	NOUN
fbem-13191	61	55	,	,	PUNCT
fbem-13191	61	56	and	and	CCONJ
fbem-13191	61	57	ps	ps	PROPN
fbem-13191	61	58	is	be	AUX
fbem-13191	61	59	the	the	DET
fbem-13191	61	60	current	current	ADJ
fbem-13191	61	61	sale	sale	NOUN
fbem-13191	61	62	price	price	NOUN
fbem-13191	61	63	of	of	ADP
fbem-13191	61	64	the	the	DET
fbem-13191	61	65	stock	stock	NOUN
fbem-13191	61	66	.	.	PUNCT
fbem-13191	62	1	regarding	regard	VERB
fbem-13191	62	2	the	the	DET
fbem-13191	62	3	repurchase	repurchase	NOUN
fbem-13191	62	4	price	price	NOUN
fbem-13191	62	5	,	,	PUNCT
fbem-13191	62	6	according	accord	VERB
fbem-13191	62	7	to	to	ADP
fbem-13191	62	8	the	the	DET
fbem-13191	62	9	current	current	ADJ
fbem-13191	62	10	accrued	accrue	VERB
fbem-13191	62	11	interest	interest	NOUN
fbem-13191	62	12	formula	formula	NOUN
fbem-13191	62	13	of	of	ADP
fbem-13191	62	14	the	the	DET
fbem-13191	62	15	convertible	convertible	ADJ
fbem-13191	62	16	bond	bond	NOUN
fbem-13191	62	17	:	:	PUNCT
fbem-13191	62	18	𝐼𝐴	𝐼𝐴	PROPN
fbem-13191	62	19	𝐵	𝐵	PROPN
fbem-13191	62	20	𝑖	𝑖	SYM
fbem-13191	62	21	5	5	NUM
fbem-13191	62	22	ia	ia	NOUN
fbem-13191	62	23	stands	stand	VERB
fbem-13191	62	24	for	for	ADP
fbem-13191	62	25	interest	interest	NOUN
fbem-13191	62	26	accrued	accrue	VERB
fbem-13191	62	27	during	during	ADP
fbem-13191	62	28	the	the	DET
fbem-13191	62	29	period	period	NOUN
fbem-13191	62	30	;	;	PUNCT
fbem-13191	62	31	b	b	NUM
fbem-13191	62	32	refers	refer	VERB
fbem-13191	62	33	to	to	ADP
fbem-13191	62	34	the	the	DET
fbem-13191	62	35	total	total	ADJ
fbem-13191	62	36	face	face	NOUN
fbem-13191	62	37	amount	amount	NOUN
fbem-13191	62	38	of	of	ADP
fbem-13191	62	39	the	the	DET
fbem-13191	62	40	convertible	convertible	ADJ
fbem-13191	62	41	bonds	bond	NOUN
fbem-13191	62	42	held	hold	VERB
fbem-13191	62	43	by	by	ADP
fbem-13191	62	44	the	the	DET
fbem-13191	62	45	holders	holder	NOUN
fbem-13191	62	46	of	of	ADP
fbem-13191	62	47	the	the	DET
fbem-13191	62	48	convertible	convertible	ADJ
fbem-13191	62	49	bonds	bond	NOUN
fbem-13191	62	50	issued	issue	VERB
fbem-13191	62	51	this	this	DET
fbem-13191	62	52	time	time	NOUN
fbem-13191	62	53	;	;	PUNCT
fbem-13191	62	54	i	i	PRON
fbem-13191	62	55	refers	refer	VERB
fbem-13191	62	56	to	to	ADP
fbem-13191	62	57	the	the	DET
fbem-13191	62	58	current	current	ADJ
fbem-13191	62	59	coupon	coupon	NOUN
fbem-13191	62	60	rate	rate	NOUN
fbem-13191	62	61	of	of	ADP
fbem-13191	62	62	the	the	DET
fbem-13191	62	63	convertible	convertible	ADJ
fbem-13191	62	64	bond	bond	NOUN
fbem-13191	62	65	;	;	PUNCT
fbem-13191	62	66	t	t	PROPN
fbem-13191	62	67	refers	refer	VERB
fbem-13191	62	68	to	to	ADP
fbem-13191	62	69	the	the	DET
fbem-13191	62	70	number	number	NOUN
fbem-13191	62	71	of	of	ADP
fbem-13191	62	72	interest	interest	NOUN
fbem-13191	62	73	accruing	accrue	VERB
fbem-13191	62	74	days	day	NOUN
fbem-13191	62	75	,	,	PUNCT
fbem-13191	62	76	that	that	ADV
fbem-13191	62	77	is	is	ADV
fbem-13191	62	78	,	,	PUNCT
fbem-13191	62	79	the	the	DET
fbem-13191	62	80	actual	actual	ADJ
fbem-13191	62	81	number	number	NOUN
fbem-13191	62	82	of	of	ADP
fbem-13191	62	83	calendar	calendar	NOUN
fbem-13191	62	84	days	day	NOUN
fbem-13191	62	85	from	from	ADP
fbem-13191	62	86	the	the	DET
fbem-13191	62	87	last	last	ADJ
fbem-13191	62	88	interest	interest	NOUN
fbem-13191	62	89	payment	payment	NOUN
fbem-13191	62	90	date	date	NOUN
fbem-13191	62	91	to	to	ADP
fbem-13191	62	92	the	the	DET
fbem-13191	62	93	redemption	redemption	NOUN
fbem-13191	62	94	date	date	NOUN
fbem-13191	62	95	of	of	ADP
fbem-13191	62	96	the	the	DET
fbem-13191	62	97	current	current	ADJ
fbem-13191	62	98	interest	interest	NOUN
fbem-13191	62	99	accruing	accrue	VERB
fbem-13191	62	100	year	year	NOUN
fbem-13191	62	101	(	(	PUNCT
fbem-13191	62	102	counting	count	VERB
fbem-13191	62	103	the	the	DET
fbem-13191	62	104	beginning	beginning	NOUN
fbem-13191	62	105	and	and	CCONJ
fbem-13191	62	106	not	not	PART
fbem-13191	62	107	the	the	DET
fbem-13191	62	108	end	end	NOUN
fbem-13191	62	109	)	)	PUNCT
fbem-13191	62	110	.	.	PUNCT
fbem-13191	63	1	we	we	PRON
fbem-13191	63	2	can	can	AUX
fbem-13191	63	3	get	get	VERB
fbem-13191	63	4	the	the	DET
fbem-13191	63	5	resale	resale	NOUN
fbem-13191	63	6	price	price	NOUN
fbem-13191	63	7	should	should	AUX
fbem-13191	63	8	be	be	AUX
fbem-13191	63	9	:	:	PUNCT
fbem-13191	63	10	𝑉	𝑉	PROPN
fbem-13191	63	11	𝐹	𝐹	PROPN
fbem-13191	63	12	𝐹	𝐹	PROPN
fbem-13191	63	13	∗	∗	VERB
fbem-13191	63	14	𝑟	𝑟	PRON
fbem-13191	63	15	∗	∗	NOUN
fbem-13191	63	16	(	(	PUNCT
fbem-13191	63	17	6	6	NUM
fbem-13191	63	18	)	)	PUNCT
fbem-13191	63	19	t	t	NOUN
fbem-13191	63	20	is	be	AUX
fbem-13191	63	21	the	the	DET
fbem-13191	63	22	number	number	NOUN
fbem-13191	63	23	of	of	ADP
fbem-13191	63	24	days	day	NOUN
fbem-13191	63	25	that	that	PRON
fbem-13191	63	26	interest	interest	NOUN
fbem-13191	63	27	accrues	accrue	VERB
fbem-13191	63	28	and	and	CCONJ
fbem-13191	63	29	rn	rn	PROPN
fbem-13191	63	30	is	be	AUX
fbem-13191	63	31	the	the	DET
fbem-13191	63	32	current	current	ADJ
fbem-13191	63	33	interest	interest	NOUN
fbem-13191	63	34	.	.	PUNCT
fbem-13191	64	1	next	next	ADV
fbem-13191	64	2	,	,	PUNCT
fbem-13191	64	3	we	we	PRON
fbem-13191	64	4	begin	begin	VERB
fbem-13191	64	5	to	to	PART
fbem-13191	64	6	deduce	deduce	VERB
fbem-13191	64	7	the	the	DET
fbem-13191	64	8	market	market	NOUN
fbem-13191	64	9	price	price	NOUN
fbem-13191	64	10	,	,	PUNCT
fbem-13191	64	11	because	because	SCONJ
fbem-13191	64	12	the	the	DET
fbem-13191	64	13	establishment	establishment	NOUN
fbem-13191	64	14	of	of	ADP
fbem-13191	64	15	the	the	DET
fbem-13191	64	16	price	price	NOUN
fbem-13191	64	17	of	of	ADP
fbem-13191	64	18	the	the	DET
fbem-13191	64	19	value	value	NOUN
fbem-13191	64	20	part	part	NOUN
fbem-13191	64	21	of	of	ADP
fbem-13191	64	22	the	the	DET
fbem-13191	64	23	convertible	convertible	ADJ
fbem-13191	64	24	bond	bond	NOUN
fbem-13191	64	25	needs	need	VERB
fbem-13191	64	26	to	to	PART
fbem-13191	64	27	be	be	AUX
fbem-13191	64	28	based	base	VERB
fbem-13191	64	29	on	on	ADP
fbem-13191	64	30	the	the	DET
fbem-13191	64	31	company	company	NOUN
fbem-13191	64	32	's	's	PART
fbem-13191	64	33	ability	ability	NOUN
fbem-13191	64	34	to	to	PART
fbem-13191	64	35	repay	repay	VERB
fbem-13191	64	36	the	the	DET
fbem-13191	64	37	82	82	NUM
fbem-13191	64	38	convertible	convertible	ADJ
fbem-13191	64	39	bond	bond	NOUN
fbem-13191	64	40	.	.	PUNCT
fbem-13191	65	1	therefore	therefore	ADV
fbem-13191	65	2	,	,	PUNCT
fbem-13191	65	3	when	when	SCONJ
fbem-13191	65	4	judging	judge	VERB
fbem-13191	65	5	whether	whether	SCONJ
fbem-13191	65	6	the	the	DET
fbem-13191	65	7	partial	partial	ADJ
fbem-13191	65	8	value	value	NOUN
fbem-13191	65	9	of	of	ADP
fbem-13191	65	10	convertible	convertible	ADJ
fbem-13191	65	11	bonds	bond	NOUN
fbem-13191	65	12	is	be	AUX
fbem-13191	65	13	established	establish	VERB
fbem-13191	65	14	,	,	PUNCT
fbem-13191	65	15	various	various	ADJ
fbem-13191	65	16	indicators	indicator	NOUN
fbem-13191	65	17	such	such	ADJ
fbem-13191	65	18	as	as	ADP
fbem-13191	65	19	current	current	ADJ
fbem-13191	65	20	ratio	ratio	NOUN
fbem-13191	65	21	,	,	PUNCT
fbem-13191	65	22	quick	quick	ADJ
fbem-13191	65	23	ratio	ratio	NOUN
fbem-13191	65	24	,	,	PUNCT
fbem-13191	65	25	cash	cash	NOUN
fbem-13191	65	26	ratio	ratio	NOUN
fbem-13191	65	27	,	,	PUNCT
fbem-13191	65	28	interest	interest	NOUN
fbem-13191	65	29	cover	cover	VERB
fbem-13191	65	30	multiple	multiple	ADJ
fbem-13191	65	31	,	,	PUNCT
fbem-13191	65	32	debt	debt	NOUN
fbem-13191	65	33	-	-	PUNCT
fbem-13191	65	34	to	to	ADP
fbem-13191	65	35	-	-	PUNCT
fbem-13191	65	36	total	total	NOUN
fbem-13191	65	37	asset	asset	NOUN
fbem-13191	65	38	ratio	ratio	NOUN
fbem-13191	65	39	,	,	PUNCT
fbem-13191	65	40	long	long	ADJ
fbem-13191	65	41	-	-	PUNCT
fbem-13191	65	42	term	term	NOUN
fbem-13191	65	43	debt	debt	NOUN
fbem-13191	65	44	ratio	ratio	NOUN
fbem-13191	65	45	and	and	CCONJ
fbem-13191	65	46	short	short	ADJ
fbem-13191	65	47	-	-	PUNCT
fbem-13191	65	48	term	term	NOUN
fbem-13191	65	49	debt	debt	NOUN
fbem-13191	65	50	ratio	ratio	NOUN
fbem-13191	65	51	should	should	AUX
fbem-13191	65	52	be	be	AUX
fbem-13191	65	53	used	use	VERB
fbem-13191	65	54	to	to	PART
fbem-13191	65	55	judge	judge	VERB
fbem-13191	65	56	whether	whether	SCONJ
fbem-13191	65	57	the	the	DET
fbem-13191	65	58	company	company	NOUN
fbem-13191	65	59	has	have	VERB
fbem-13191	65	60	default	default	NOUN
fbem-13191	65	61	risk	risk	NOUN
fbem-13191	65	62	in	in	ADP
fbem-13191	65	63	combination	combination	NOUN
fbem-13191	65	64	with	with	ADP
fbem-13191	65	65	the	the	DET
fbem-13191	65	66	company	company	NOUN
fbem-13191	65	67	's	's	PART
fbem-13191	65	68	financial	financial	ADJ
fbem-13191	65	69	statements	statement	NOUN
fbem-13191	65	70	and	and	CCONJ
fbem-13191	65	71	operating	operating	NOUN
fbem-13191	65	72	conditions	condition	NOUN
fbem-13191	65	73	.	.	PUNCT
fbem-13191	66	1	when	when	SCONJ
fbem-13191	66	2	we	we	PRON
fbem-13191	66	3	judge	judge	VERB
fbem-13191	66	4	that	that	SCONJ
fbem-13191	66	5	the	the	DET
fbem-13191	66	6	company	company	NOUN
fbem-13191	66	7	is	be	AUX
fbem-13191	66	8	at	at	ADP
fbem-13191	66	9	risk	risk	NOUN
fbem-13191	66	10	of	of	ADP
fbem-13191	66	11	default	default	NOUN
fbem-13191	66	12	and	and	CCONJ
fbem-13191	66	13	that	that	SCONJ
fbem-13191	66	14	the	the	DET
fbem-13191	66	15	company	company	NOUN
fbem-13191	66	16	is	be	AUX
fbem-13191	66	17	unable	unable	ADJ
fbem-13191	66	18	to	to	PART
fbem-13191	66	19	repay	repay	VERB
fbem-13191	66	20	the	the	DET
fbem-13191	66	21	convertible	convertible	ADJ
fbem-13191	66	22	debt	debt	NOUN
fbem-13191	66	23	,	,	PUNCT
fbem-13191	66	24	the	the	DET
fbem-13191	66	25	underlying	underlie	VERB
fbem-13191	66	26	value	value	NOUN
fbem-13191	66	27	of	of	ADP
fbem-13191	66	28	the	the	DET
fbem-13191	66	29	convertible	convertible	ADJ
fbem-13191	66	30	debt	debt	NOUN
fbem-13191	66	31	is	be	AUX
fbem-13191	66	32	only	only	ADV
fbem-13191	66	33	the	the	DET
fbem-13191	66	34	conversion	conversion	NOUN
fbem-13191	66	35	value	value	NOUN
fbem-13191	66	36	.	.	PUNCT
fbem-13191	67	1	the	the	DET
fbem-13191	67	2	market	market	NOUN
fbem-13191	67	3	price	price	NOUN
fbem-13191	67	4	shall	shall	AUX
fbem-13191	67	5	be	be	AUX
fbem-13191	67	6	the	the	DET
fbem-13191	67	7	conversion	conversion	NOUN
fbem-13191	67	8	value	value	NOUN
fbem-13191	67	9	plus	plus	CCONJ
fbem-13191	67	10	the	the	DET
fbem-13191	67	11	option	option	NOUN
fbem-13191	67	12	value	value	NOUN
fbem-13191	67	13	.	.	PUNCT
fbem-13191	68	1	the	the	DET
fbem-13191	68	2	option	option	NOUN
fbem-13191	68	3	value	value	NOUN
fbem-13191	68	4	can	can	AUX
fbem-13191	68	5	be	be	AUX
fbem-13191	68	6	divided	divide	VERB
fbem-13191	68	7	into	into	ADP
fbem-13191	68	8	the	the	DET
fbem-13191	68	9	option	option	NOUN
fbem-13191	68	10	of	of	ADP
fbem-13191	68	11	the	the	DET
fbem-13191	68	12	new	new	ADJ
fbem-13191	68	13	convertible	convertible	ADJ
fbem-13191	68	14	bond	bond	NOUN
fbem-13191	68	15	value	value	NOUN
fbem-13191	68	16	after	after	ADP
fbem-13191	68	17	the	the	DET
fbem-13191	68	18	revision	revision	NOUN
fbem-13191	68	19	of	of	ADP
fbem-13191	68	20	the	the	DET
fbem-13191	68	21	game	game	NOUN
fbem-13191	68	22	convertible	convertible	ADJ
fbem-13191	68	23	bond	bond	NOUN
fbem-13191	68	24	and	and	CCONJ
fbem-13191	68	25	the	the	DET
fbem-13191	68	26	option	option	NOUN
fbem-13191	68	27	of	of	ADP
fbem-13191	68	28	the	the	DET
fbem-13191	68	29	game	game	NOUN
fbem-13191	68	30	company	company	NOUN
fbem-13191	68	31	debt	debt	NOUN
fbem-13191	68	32	restructuring	restructuring	NOUN
fbem-13191	68	33	.	.	PUNCT
fbem-13191	69	1	and	and	CCONJ
fbem-13191	69	2	only	only	ADV
fbem-13191	69	3	when	when	SCONJ
fbem-13191	69	4	the	the	DET
fbem-13191	69	5	expected	expect	VERB
fbem-13191	69	6	value	value	NOUN
fbem-13191	69	7	is	be	AUX
fbem-13191	69	8	greater	great	ADJ
fbem-13191	69	9	than	than	ADP
fbem-13191	69	10	the	the	DET
fbem-13191	69	11	conversion	conversion	NOUN
fbem-13191	69	12	value	value	NOUN
fbem-13191	69	13	of	of	ADP
fbem-13191	69	14	the	the	DET
fbem-13191	69	15	convertible	convertible	ADJ
fbem-13191	69	16	bond	bond	NOUN
fbem-13191	69	17	will	will	AUX
fbem-13191	69	18	the	the	DET
fbem-13191	69	19	price	price	NOUN
fbem-13191	69	20	of	of	ADP
fbem-13191	69	21	the	the	DET
fbem-13191	69	22	option	option	NOUN
fbem-13191	69	23	part	part	NOUN
fbem-13191	69	24	be	be	AUX
fbem-13191	69	25	higher	high	ADJ
fbem-13191	69	26	than	than	ADP
fbem-13191	69	27	the	the	DET
fbem-13191	69	28	conversion	conversion	NOUN
fbem-13191	69	29	value	value	NOUN
fbem-13191	69	30	of	of	ADP
fbem-13191	69	31	the	the	DET
fbem-13191	69	32	convertible	convertible	ADJ
fbem-13191	69	33	bond	bond	NOUN
fbem-13191	69	34	.	.	PUNCT
fbem-13191	70	1	so	so	ADV
fbem-13191	70	2	now	now	ADV
fbem-13191	70	3	we	we	PRON
fbem-13191	70	4	can	can	AUX
fbem-13191	70	5	express	express	VERB
fbem-13191	70	6	the	the	DET
fbem-13191	70	7	bond	bond	NOUN
fbem-13191	70	8	price	price	NOUN
fbem-13191	70	9	p	p	NOUN
fbem-13191	70	10	as	as	ADP
fbem-13191	70	11	:	:	PUNCT
fbem-13191	70	12	𝑃	𝑃	VERB
fbem-13191	70	13	𝑣	𝑣	PROPN
fbem-13191	70	14	𝑅	𝑅	PROPN
fbem-13191	70	15	∗	∗	NOUN
fbem-13191	70	16	𝑣	𝑣	X
fbem-13191	70	17	）	）	PUNCT
fbem-13191	70	18	∨	∨	X
fbem-13191	70	19	（	（	PUNCT
fbem-13191	70	20	𝑅	𝑅	PROPN
fbem-13191	70	21	∗	∗	X
fbem-13191	70	22	𝑉	𝑉	PROPN
fbem-13191	70	23	𝑣	𝑣	PROPN
fbem-13191	70	24	𝑅	𝑅	PROPN
fbem-13191	70	25	∗	∗	NOUN
fbem-13191	70	26	∗	∗	NOUN
fbem-13191	70	27	𝑃	𝑃	PROPN
fbem-13191	70	28	∨	∨	NOUN
fbem-13191	70	29	𝑅	𝑅	PROPN
fbem-13191	70	30	∗	∗	NOUN
fbem-13191	70	31	𝐹	𝐹	PROPN
fbem-13191	70	32	𝐹	𝐹	PROPN
fbem-13191	70	33	∗	∗	VERB
fbem-13191	70	34	𝑟	𝑟	PRON
fbem-13191	70	35	∗	∗	NOUN
fbem-13191	70	36	7	7	NUM
fbem-13191	70	37	here	here	ADV
fbem-13191	70	38	:	:	PUNCT
fbem-13191	70	39	𝑅	𝑅	NOUN
fbem-13191	70	40	∗	∗	NOUN
fbem-13191	70	41	𝑣	𝑣	ADP
fbem-13191	70	42	∨	∨	PROPN
fbem-13191	70	43	𝑅	𝑅	PROPN
fbem-13191	70	44	∗	∗	X
fbem-13191	70	45	𝑉	𝑉	PROPN
fbem-13191	70	46	𝑣	𝑣	PRON
fbem-13191	70	47	8	8	NUM
fbem-13191	70	48	is	be	AUX
fbem-13191	70	49	the	the	DET
fbem-13191	70	50	partial	partial	ADJ
fbem-13191	70	51	price	price	NOUN
fbem-13191	70	52	of	of	ADP
fbem-13191	70	53	the	the	DET
fbem-13191	70	54	option	option	NOUN
fbem-13191	70	55	.	.	PUNCT
fbem-13191	71	1	because	because	SCONJ
fbem-13191	71	2	the	the	DET
fbem-13191	71	3	waiting	waiting	NOUN
fbem-13191	71	4	time	time	NOUN
fbem-13191	71	5	of	of	ADP
fbem-13191	71	6	this	this	DET
fbem-13191	71	7	option	option	NOUN
fbem-13191	71	8	game	game	NOUN
fbem-13191	71	9	is	be	AUX
fbem-13191	71	10	generally	generally	ADV
fbem-13191	71	11	short	short	ADJ
fbem-13191	71	12	,	,	PUNCT
fbem-13191	71	13	the	the	DET
fbem-13191	71	14	future	future	ADJ
fbem-13191	71	15	cash	cash	NOUN
fbem-13191	71	16	flow	flow	NOUN
fbem-13191	71	17	is	be	AUX
fbem-13191	71	18	not	not	PART
fbem-13191	71	19	converted	convert	VERB
fbem-13191	71	20	.	.	PUNCT
fbem-13191	72	1	𝑅	𝑅	NOUN
fbem-13191	72	2	∗	∗	NOUN
fbem-13191	72	3	𝑣	𝑣	ADP
fbem-13191	72	4	𝑣	𝑣	ADP
fbem-13191	72	5	9	9	NUM
fbem-13191	72	6	it	it	PRON
fbem-13191	72	7	is	be	AUX
fbem-13191	72	8	the	the	DET
fbem-13191	72	9	option	option	NOUN
fbem-13191	72	10	price	price	NOUN
fbem-13191	72	11	on	on	ADP
fbem-13191	72	12	the	the	DET
fbem-13191	72	13	downwardly	downwardly	ADV
fbem-13191	72	14	revised	revise	VERB
fbem-13191	72	15	tranche	tranche	NOUN
fbem-13191	72	16	of	of	ADP
fbem-13191	72	17	the	the	DET
fbem-13191	72	18	convertible	convertible	ADJ
fbem-13191	72	19	bond	bond	NOUN
fbem-13191	72	20	.	.	PUNCT
fbem-13191	73	1	vt1	vt1	PROPN
fbem-13191	73	2	is	be	AUX
fbem-13191	73	3	the	the	DET
fbem-13191	73	4	expected	expect	VERB
fbem-13191	73	5	conversion	conversion	NOUN
fbem-13191	73	6	value	value	NOUN
fbem-13191	73	7	of	of	ADP
fbem-13191	73	8	the	the	DET
fbem-13191	73	9	convertible	convertible	ADJ
fbem-13191	73	10	bonds	bond	NOUN
fbem-13191	73	11	after	after	ADP
fbem-13191	73	12	the	the	DET
fbem-13191	73	13	downward	downward	ADJ
fbem-13191	73	14	revision	revision	NOUN
fbem-13191	73	15	,	,	PUNCT
fbem-13191	73	16	pz1	pz1	PROPN
fbem-13191	73	17	is	be	AUX
fbem-13191	73	18	the	the	DET
fbem-13191	73	19	expected	expect	VERB
fbem-13191	73	20	conversion	conversion	NOUN
fbem-13191	73	21	price	price	NOUN
fbem-13191	73	22	after	after	ADP
fbem-13191	73	23	the	the	DET
fbem-13191	73	24	downward	downward	ADJ
fbem-13191	73	25	revision	revision	NOUN
fbem-13191	73	26	,	,	PUNCT
fbem-13191	73	27	and	and	CCONJ
fbem-13191	73	28	ps1	ps1	NOUN
fbem-13191	73	29	is	be	AUX
fbem-13191	73	30	the	the	DET
fbem-13191	73	31	estimated	estimate	VERB
fbem-13191	73	32	sale	sale	NOUN
fbem-13191	73	33	price	price	NOUN
fbem-13191	73	34	of	of	ADP
fbem-13191	73	35	the	the	DET
fbem-13191	73	36	shares	share	NOUN
fbem-13191	73	37	after	after	ADP
fbem-13191	73	38	the	the	DET
fbem-13191	73	39	downward	downward	ADJ
fbem-13191	73	40	revision	revision	NOUN
fbem-13191	73	41	.	.	PUNCT
fbem-13191	74	1	𝑅	𝑅	NOUN
fbem-13191	74	2	∗	∗	X
fbem-13191	74	3	𝑉	𝑉	PROPN
fbem-13191	74	4	𝑣	𝑣	ADV
fbem-13191	74	5	10	10	NUM
fbem-13191	74	6	it	it	PRON
fbem-13191	74	7	is	be	AUX
fbem-13191	74	8	the	the	DET
fbem-13191	74	9	option	option	NOUN
fbem-13191	74	10	price	price	NOUN
fbem-13191	74	11	of	of	ADP
fbem-13191	74	12	the	the	DET
fbem-13191	74	13	convertible	convertible	ADJ
fbem-13191	74	14	bond	bond	NOUN
fbem-13191	74	15	game	game	NOUN
fbem-13191	74	16	restructuring	restructure	VERB
fbem-13191	74	17	redemption	redemption	NOUN
fbem-13191	74	18	or	or	CCONJ
fbem-13191	74	19	other	other	ADJ
fbem-13191	74	20	means	mean	NOUN
fbem-13191	74	21	of	of	ADP
fbem-13191	74	22	recovering	recover	VERB
fbem-13191	74	23	the	the	DET
fbem-13191	74	24	face	face	NOUN
fbem-13191	74	25	value	value	NOUN
fbem-13191	74	26	.	.	PUNCT
fbem-13191	75	1	r	r	NOUN
fbem-13191	75	2	represents	represent	VERB
fbem-13191	75	3	the	the	DET
fbem-13191	75	4	probability	probability	NOUN
fbem-13191	75	5	of	of	ADP
fbem-13191	75	6	the	the	DET
fbem-13191	75	7	event	event	NOUN
fbem-13191	75	8	,	,	PUNCT
fbem-13191	75	9	which	which	PRON
fbem-13191	75	10	can	can	AUX
fbem-13191	75	11	be	be	AUX
fbem-13191	75	12	estimated	estimate	VERB
fbem-13191	75	13	through	through	ADP
fbem-13191	75	14	the	the	DET
fbem-13191	75	15	accumulation	accumulation	NOUN
fbem-13191	75	16	of	of	ADP
fbem-13191	75	17	long	long	ADJ
fbem-13191	75	18	trading	trading	NOUN
fbem-13191	75	19	experience	experience	NOUN
fbem-13191	75	20	in	in	ADP
fbem-13191	75	21	the	the	DET
fbem-13191	75	22	convertible	convertible	ADJ
fbem-13191	75	23	bond	bond	NOUN
fbem-13191	75	24	market	market	NOUN
fbem-13191	75	25	.	.	PUNCT
fbem-13191	76	1	for	for	ADP
fbem-13191	76	2	example	example	NOUN
fbem-13191	76	3	,	,	PUNCT
fbem-13191	76	4	zhengbang	zhengbang	PROPN
fbem-13191	76	5	convertible	convertible	PROPN
fbem-13191	76	6	bond	bond	PROPN
fbem-13191	76	7	(	(	PUNCT
fbem-13191	76	8	convertible	convertible	ADJ
fbem-13191	76	9	bond	bond	NOUN
fbem-13191	76	10	code	code	NOUN
fbem-13191	76	11	128114	128114	NUM
fbem-13191	76	12	)	)	PUNCT
fbem-13191	76	13	plummeted	plummet	VERB
fbem-13191	76	14	in	in	ADP
fbem-13191	76	15	may	may	PROPN
fbem-13191	76	16	2023	2023	NUM
fbem-13191	76	17	due	due	ADP
fbem-13191	76	18	to	to	ADP
fbem-13191	76	19	the	the	DET
fbem-13191	76	20	company	company	NOUN
fbem-13191	76	21	's	's	PART
fbem-13191	76	22	loss	loss	NOUN
fbem-13191	76	23	and	and	CCONJ
fbem-13191	76	24	the	the	DET
fbem-13191	76	25	risk	risk	NOUN
fbem-13191	76	26	of	of	ADP
fbem-13191	76	27	delisting	delisting	NOUN
fbem-13191	76	28	and	and	CCONJ
fbem-13191	76	29	default	default	NOUN
fbem-13191	76	30	of	of	ADP
fbem-13191	76	31	the	the	DET
fbem-13191	76	32	convertible	convertible	ADJ
fbem-13191	76	33	bond	bond	NOUN
fbem-13191	76	34	.	.	PUNCT
fbem-13191	77	1	however	however	ADV
fbem-13191	77	2	,	,	PUNCT
fbem-13191	77	3	after	after	ADP
fbem-13191	77	4	the	the	DET
fbem-13191	77	5	intention	intention	NOUN
fbem-13191	77	6	of	of	ADP
fbem-13191	77	7	13	13	NUM
fbem-13191	77	8	companies	company	NOUN
fbem-13191	77	9	to	to	PART
fbem-13191	77	10	participate	participate	VERB
fbem-13191	77	11	in	in	ADP
fbem-13191	77	12	the	the	DET
fbem-13191	77	13	restructuring	restructuring	NOUN
fbem-13191	77	14	of	of	ADP
fbem-13191	77	15	its	its	PRON
fbem-13191	77	16	convertible	convertible	ADJ
fbem-13191	77	17	bond	bond	NOUN
fbem-13191	77	18	restructuring	restructuring	NOUN
fbem-13191	77	19	possibility	possibility	NOUN
fbem-13191	77	20	to	to	PART
fbem-13191	77	21	increase	increase	VERB
fbem-13191	77	22	the	the	DET
fbem-13191	77	23	price	price	NOUN
fbem-13191	77	24	of	of	ADP
fbem-13191	77	25	convertible	convertible	ADJ
fbem-13191	77	26	bonds	bond	NOUN
fbem-13191	77	27	to	to	PART
fbem-13191	77	28	return	return	VERB
fbem-13191	77	29	,	,	PUNCT
fbem-13191	77	30	after	after	SCONJ
fbem-13191	77	31	the	the	DET
fbem-13191	77	32	restructuring	restructuring	NOUN
fbem-13191	77	33	of	of	ADP
fbem-13191	77	34	investors	investor	NOUN
fbem-13191	77	35	to	to	PART
fbem-13191	77	36	determine	determine	VERB
fbem-13191	77	37	the	the	DET
fbem-13191	77	38	strength	strength	NOUN
fbem-13191	77	39	of	of	ADP
fbem-13191	77	40	the	the	DET
fbem-13191	77	41	great	great	ADJ
fbem-13191	77	42	great	great	ADJ
fbem-13191	77	43	korong	korong	PROPN
fbem-13191	77	44	holding	holding	PROPN
fbem-13191	77	45	co.	co.	PROPN
fbem-13191	77	46	,	,	PUNCT
fbem-13191	77	47	ltd	ltd	PROPN
fbem-13191	77	48	.	.	PROPN
fbem-13191	77	49	to	to	PART
fbem-13191	77	50	participate	participate	VERB
fbem-13191	77	51	in	in	ADP
fbem-13191	77	52	its	its	PRON
fbem-13191	77	53	restructuring	restructuring	NOUN
fbem-13191	77	54	,	,	PUNCT
fbem-13191	77	55	successful	successful	ADJ
fbem-13191	77	56	part	part	NOUN
fbem-13191	77	57	of	of	ADP
fbem-13191	77	58	the	the	DET
fbem-13191	77	59	bond	bond	NOUN
fbem-13191	77	60	face	face	NOUN
fbem-13191	77	61	value	value	NOUN
fbem-13191	77	62	payment	payment	NOUN
fbem-13191	77	63	success	success	NOUN
fbem-13191	77	64	rate	rate	NOUN
fbem-13191	77	65	of	of	ADP
fbem-13191	77	66	close	close	ADJ
fbem-13191	77	67	to	to	PART
fbem-13191	77	68	100	100	NUM
fbem-13191	77	69	percent	percent	NOUN
fbem-13191	77	70	,	,	PUNCT
fbem-13191	77	71	so	so	ADV
fbem-13191	77	72	its	its	PRON
fbem-13191	77	73	price	price	NOUN
fbem-13191	77	74	recovered	recover	VERB
fbem-13191	77	75	to	to	ADP
fbem-13191	77	76	near	near	ADP
fbem-13191	77	77	100	100	NUM
fbem-13191	77	78	yuan	yuan	NOUN
fbem-13191	77	79	.	.	PUNCT
fbem-13191	78	1	"	"	PUNCT
fbem-13191	78	2	∨	∨	NOUN
fbem-13191	78	3	"	"	PUNCT
fbem-13191	78	4	is	be	AUX
fbem-13191	78	5	the	the	DET
fbem-13191	78	6	mathematical	mathematical	ADJ
fbem-13191	78	7	symbol	symbol	NOUN
fbem-13191	78	8	"	"	PUNCT
fbem-13191	78	9	or	or	CCONJ
fbem-13191	78	10	"	"	PUNCT
fbem-13191	78	11	.	.	PUNCT
fbem-13191	79	1	when	when	SCONJ
fbem-13191	79	2	the	the	DET
fbem-13191	79	3	expected	expect	VERB
fbem-13191	79	4	value	value	NOUN
fbem-13191	79	5	is	be	AUX
fbem-13191	79	6	equal	equal	ADJ
fbem-13191	79	7	to	to	ADP
fbem-13191	79	8	or	or	CCONJ
fbem-13191	79	9	less	less	ADJ
fbem-13191	79	10	than	than	ADP
fbem-13191	79	11	the	the	DET
fbem-13191	79	12	conversion	conversion	NOUN
fbem-13191	79	13	value	value	NOUN
fbem-13191	79	14	of	of	ADP
fbem-13191	79	15	the	the	DET
fbem-13191	79	16	convertible	convertible	ADJ
fbem-13191	79	17	bond	bond	NOUN
fbem-13191	79	18	at	at	ADP
fbem-13191	79	19	this	this	DET
fbem-13191	79	20	time	time	NOUN
fbem-13191	79	21	,	,	PUNCT
fbem-13191	79	22	the	the	DET
fbem-13191	79	23	conversion	conversion	NOUN
fbem-13191	79	24	bond	bond	NOUN
fbem-13191	79	25	price	price	NOUN
fbem-13191	79	26	is	be	AUX
fbem-13191	79	27	only	only	ADV
fbem-13191	79	28	represented	represent	VERB
fbem-13191	79	29	by	by	ADP
fbem-13191	79	30	the	the	DET
fbem-13191	79	31	conversion	conversion	NOUN
fbem-13191	79	32	price	price	NOUN
fbem-13191	79	33	at	at	ADP
fbem-13191	79	34	this	this	DET
fbem-13191	79	35	time	time	NOUN
fbem-13191	79	36	,	,	PUNCT
fbem-13191	79	37	for	for	ADP
fbem-13191	79	38	example	example	NOUN
fbem-13191	79	39	,	,	PUNCT
fbem-13191	79	40	in	in	ADP
fbem-13191	79	41	july	july	PROPN
fbem-13191	79	42	2023	2023	NUM
fbem-13191	79	43	,	,	PUNCT
fbem-13191	79	44	blue	blue	ADJ
fbem-13191	79	45	shield	shield	NOUN
fbem-13191	79	46	shares	share	NOUN
fbem-13191	79	47	enter	enter	VERB
fbem-13191	79	48	the	the	DET
fbem-13191	79	49	delisting	delisting	NOUN
fbem-13191	79	50	process	process	NOUN
fbem-13191	79	51	.	.	PUNCT
fbem-13191	80	1	blue	blue	ADJ
fbem-13191	80	2	shield	shield	PROPN
fbem-13191	80	3	convertible	convertible	ADJ
fbem-13191	80	4	bond	bond	NOUN
fbem-13191	80	5	(	(	PUNCT
fbem-13191	80	6	convertible	convertible	ADJ
fbem-13191	80	7	bond	bond	NOUN
fbem-13191	80	8	code	code	NOUN
fbem-13191	80	9	123015	123015	NUM
fbem-13191	80	10	)	)	PUNCT
fbem-13191	80	11	after	after	ADP
fbem-13191	80	12	analysis	analysis	NOUN
fbem-13191	80	13	,	,	PUNCT
fbem-13191	80	14	there	there	PRON
fbem-13191	80	15	are	be	VERB
fbem-13191	80	16	no	no	DET
fbem-13191	80	17	such	such	ADJ
fbem-13191	80	18	conditions	condition	NOUN
fbem-13191	80	19	as	as	ADP
fbem-13191	80	20	downward	downward	ADJ
fbem-13191	80	21	revision	revision	NOUN
fbem-13191	80	22	,	,	PUNCT
fbem-13191	80	23	restructuring	restructuring	NOUN
fbem-13191	80	24	,	,	PUNCT
fbem-13191	80	25	promotion	promotion	NOUN
fbem-13191	80	26	of	of	ADP
fbem-13191	80	27	conversion	conversion	NOUN
fbem-13191	80	28	,	,	PUNCT
fbem-13191	80	29	back	back	NOUN
fbem-13191	80	30	sale	sale	NOUN
fbem-13191	80	31	,	,	PUNCT
fbem-13191	80	32	redemption	redemption	NOUN
fbem-13191	80	33	,	,	PUNCT
fbem-13191	80	34	etc	etc	X
fbem-13191	80	35	.	.	X
fbem-13191	81	1	so	so	ADV
fbem-13191	81	2	its	its	PRON
fbem-13191	81	3	price	price	NOUN
fbem-13191	81	4	has	have	AUX
fbem-13191	81	5	been	be	AUX
fbem-13191	81	6	fluctuating	fluctuate	VERB
fbem-13191	81	7	around	around	ADP
fbem-13191	81	8	its	its	PRON
fbem-13191	81	9	conversion	conversion	NOUN
fbem-13191	81	10	price	price	NOUN
fbem-13191	81	11	.	.	PUNCT
fbem-13191	82	1	at	at	ADP
fbem-13191	82	2	this	this	DET
fbem-13191	82	3	time	time	NOUN
fbem-13191	82	4	,	,	PUNCT
fbem-13191	82	5	the	the	DET
fbem-13191	82	6	price	price	NOUN
fbem-13191	82	7	formula	formula	NOUN
fbem-13191	82	8	of	of	ADP
fbem-13191	82	9	the	the	DET
fbem-13191	82	10	convertible	convertible	ADJ
fbem-13191	82	11	bond	bond	NOUN
fbem-13191	82	12	is	be	AUX
fbem-13191	82	13	:	:	PUNCT
fbem-13191	82	14	𝑃	𝑃	VERB
fbem-13191	82	15	𝑣	𝑣	PRON
fbem-13191	82	16	∗	∗	NOUN
fbem-13191	82	17	𝑃	𝑃	NOUN
fbem-13191	82	18	11	11	NUM
fbem-13191	82	19	to	to	PART
fbem-13191	82	20	sum	sum	VERB
fbem-13191	82	21	up	up	ADP
fbem-13191	82	22	,	,	PUNCT
fbem-13191	82	23	we	we	PRON
fbem-13191	82	24	can	can	AUX
fbem-13191	82	25	summarize	summarize	VERB
fbem-13191	82	26	the	the	DET
fbem-13191	82	27	formula	formula	NOUN
fbem-13191	82	28	when	when	SCONJ
fbem-13191	82	29	the	the	DET
fbem-13191	82	30	value	value	NOUN
fbem-13191	82	31	of	of	ADP
fbem-13191	82	32	the	the	DET
fbem-13191	82	33	bond	bond	NOUN
fbem-13191	82	34	part	part	NOUN
fbem-13191	82	35	of	of	ADP
fbem-13191	82	36	the	the	DET
fbem-13191	82	37	convertible	convertible	ADJ
fbem-13191	82	38	bond	bond	NOUN
fbem-13191	82	39	is	be	AUX
fbem-13191	82	40	not	not	PART
fbem-13191	82	41	established	establish	VERB
fbem-13191	82	42	as	as	SCONJ
fbem-13191	82	43	follows	follow	VERB
fbem-13191	82	44	:	:	PUNCT
fbem-13191	82	45	𝑃	𝑃	VERB
fbem-13191	82	46	𝑣	𝑣	DET
fbem-13191	82	47	∨	∨	X
fbem-13191	82	48	𝑅	𝑅	PROPN
fbem-13191	82	49	∗	∗	NOUN
fbem-13191	82	50	𝑣	𝑣	ADP
fbem-13191	82	51	∨	∨	PROPN
fbem-13191	82	52	𝑅	𝑅	PROPN
fbem-13191	82	53	∗	∗	X
fbem-13191	82	54	𝑉	𝑉	PROPN
fbem-13191	82	55	∗	∗	NOUN
fbem-13191	82	56	𝑃	𝑃	NOUN
fbem-13191	82	57	∨	∨	NOUN
fbem-13191	82	58	𝑅	𝑅	PROPN
fbem-13191	82	59	∗	∗	NOUN
fbem-13191	82	60	∗	∗	NOUN
fbem-13191	82	61	𝑃	𝑃	PROPN
fbem-13191	82	62	∨	∨	NOUN
fbem-13191	82	63	𝑅	𝑅	PROPN
fbem-13191	82	64	∗	∗	NOUN
fbem-13191	82	65	𝐹	𝐹	PROPN
fbem-13191	82	66	𝐹	𝐹	PROPN
fbem-13191	82	67	∗	∗	VERB
fbem-13191	82	68	𝑟	𝑟	NOUN
fbem-13191	82	69	∗	∗	NOUN
fbem-13191	82	70	12	12	NUM
fbem-13191	82	71	next	next	ADV
fbem-13191	82	72	,	,	PUNCT
fbem-13191	82	73	we	we	PRON
fbem-13191	82	74	begin	begin	VERB
fbem-13191	82	75	to	to	PART
fbem-13191	82	76	discuss	discuss	VERB
fbem-13191	82	77	the	the	DET
fbem-13191	82	78	value	value	NOUN
fbem-13191	82	79	of	of	ADP
fbem-13191	82	80	convertible	convertible	ADJ
fbem-13191	82	81	bonds	bond	NOUN
fbem-13191	82	82	when	when	SCONJ
fbem-13191	82	83	part	part	NOUN
fbem-13191	82	84	of	of	ADP
fbem-13191	82	85	the	the	DET
fbem-13191	82	86	value	value	NOUN
fbem-13191	82	87	of	of	ADP
fbem-13191	82	88	convertible	convertible	ADJ
fbem-13191	82	89	bonds	bond	NOUN
fbem-13191	82	90	is	be	AUX
fbem-13191	82	91	established	establish	VERB
fbem-13191	82	92	.	.	PUNCT
fbem-13191	83	1	first	first	ADV
fbem-13191	83	2	,	,	PUNCT
fbem-13191	83	3	the	the	DET
fbem-13191	83	4	base	base	NOUN
fbem-13191	83	5	value	value	NOUN
fbem-13191	83	6	of	of	ADP
fbem-13191	83	7	a	a	DET
fbem-13191	83	8	convertible	convertible	ADJ
fbem-13191	83	9	bond	bond	NOUN
fbem-13191	83	10	can	can	AUX
fbem-13191	83	11	be	be	AUX
fbem-13191	83	12	easily	easily	ADV
fbem-13191	83	13	expressed	express	VERB
fbem-13191	83	14	as	as	ADP
fbem-13191	83	15	the	the	DET
fbem-13191	83	16	discounted	discount	VERB
fbem-13191	83	17	present	present	ADJ
fbem-13191	83	18	value	value	NOUN
fbem-13191	83	19	of	of	ADP
fbem-13191	83	20	the	the	DET
fbem-13191	83	21	bond	bond	NOUN
fbem-13191	83	22	and	and	CCONJ
fbem-13191	83	23	the	the	DET
fbem-13191	83	24	conversion	conversion	NOUN
fbem-13191	83	25	value	value	NOUN
fbem-13191	83	26	.	.	PUNCT
fbem-13191	84	1	if	if	SCONJ
fbem-13191	84	2	the	the	DET
fbem-13191	84	3	value	value	NOUN
fbem-13191	84	4	of	of	ADP
fbem-13191	84	5	this	this	DET
fbem-13191	84	6	part	part	NOUN
fbem-13191	84	7	is	be	AUX
fbem-13191	84	8	denoted	denote	VERB
fbem-13191	84	9	by	by	ADP
fbem-13191	84	10	the	the	DET
fbem-13191	84	11	letter	letter	NOUN
fbem-13191	84	12	bv	bv	PROPN
fbem-13191	84	13	,	,	PUNCT
fbem-13191	84	14	the	the	DET
fbem-13191	84	15	equation	equation	NOUN
fbem-13191	84	16	should	should	AUX
fbem-13191	84	17	be	be	AUX
fbem-13191	84	18	:	:	PUNCT
fbem-13191	84	19	𝐵	𝐵	PROPN
fbem-13191	84	20	𝑣	𝑣	ADP
fbem-13191	84	21	∨	∨	NUM
fbem-13191	84	22	𝑣	𝑣	PRON
fbem-13191	84	23	⋯	⋯	PROPN
fbem-13191	84	24	∗	∗	PROPN
fbem-13191	84	25	∗	∗	NOUN
fbem-13191	84	26	∨	∨	NOUN
fbem-13191	84	27	∗	∗	NOUN
fbem-13191	84	28	𝑃	𝑃	NOUN
fbem-13191	84	29	13	13	NUM
fbem-13191	84	30	however	however	ADV
fbem-13191	84	31	,	,	PUNCT
fbem-13191	84	32	in	in	ADP
fbem-13191	84	33	ordinary	ordinary	ADJ
fbem-13191	84	34	times	time	NOUN
fbem-13191	84	35	,	,	PUNCT
fbem-13191	84	36	it	it	PRON
fbem-13191	84	37	is	be	AUX
fbem-13191	84	38	seriously	seriously	ADV
fbem-13191	84	39	inconsistent	inconsistent	ADJ
fbem-13191	84	40	with	with	ADP
fbem-13191	84	41	the	the	DET
fbem-13191	84	42	actual	actual	ADJ
fbem-13191	84	43	situation	situation	NOUN
fbem-13191	84	44	to	to	PART
fbem-13191	84	45	measure	measure	VERB
fbem-13191	84	46	the	the	DET
fbem-13191	84	47	market	market	NOUN
fbem-13191	84	48	price	price	NOUN
fbem-13191	84	49	of	of	ADP
fbem-13191	84	50	convertible	convertible	ADJ
fbem-13191	84	51	bonds	bond	NOUN
fbem-13191	84	52	only	only	ADV
fbem-13191	84	53	by	by	ADP
fbem-13191	84	54	the	the	DET
fbem-13191	84	55	basic	basic	ADJ
fbem-13191	84	56	value	value	NOUN
fbem-13191	84	57	in	in	ADP
fbem-13191	84	58	the	the	DET
fbem-13191	84	59	financial	financial	ADJ
fbem-13191	84	60	market	market	NOUN
fbem-13191	84	61	,	,	PUNCT
fbem-13191	84	62	because	because	SCONJ
fbem-13191	84	63	as	as	ADP
fbem-13191	84	64	a	a	DET
fbem-13191	84	65	complex	complex	ADJ
fbem-13191	84	66	financial	financial	ADJ
fbem-13191	84	67	product	product	NOUN
fbem-13191	84	68	,	,	PUNCT
fbem-13191	84	69	convertible	convertible	ADJ
fbem-13191	84	70	bonds	bond	NOUN
fbem-13191	84	71	still	still	ADV
fbem-13191	84	72	have	have	VERB
fbem-13191	84	73	many	many	ADJ
fbem-13191	84	74	options	option	NOUN
fbem-13191	84	75	to	to	PART
fbem-13191	84	76	measure	measure	VERB
fbem-13191	84	77	.	.	PUNCT
fbem-13191	85	1	however	however	ADV
fbem-13191	85	2	,	,	PUNCT
fbem-13191	85	3	relevant	relevant	ADJ
fbem-13191	85	4	studies	study	NOUN
fbem-13191	85	5	usually	usually	ADV
fbem-13191	85	6	only	only	ADV
fbem-13191	85	7	talk	talk	VERB
fbem-13191	85	8	about	about	ADP
fbem-13191	85	9	these	these	DET
fbem-13191	85	10	options	option	NOUN
fbem-13191	85	11	in	in	ADP
fbem-13191	85	12	general	general	ADJ
fbem-13191	85	13	and	and	CCONJ
fbem-13191	85	14	regard	regard	VERB
fbem-13191	85	15	them	they	PRON
fbem-13191	85	16	as	as	ADP
fbem-13191	85	17	the	the	DET
fbem-13191	85	18	same	same	ADJ
fbem-13191	85	19	factor	factor	NOUN
fbem-13191	85	20	,	,	PUNCT
fbem-13191	85	21	which	which	PRON
fbem-13191	85	22	makes	make	VERB
fbem-13191	85	23	it	it	PRON
fbem-13191	85	24	difficult	difficult	ADJ
fbem-13191	85	25	to	to	PART
fbem-13191	85	26	adjust	adjust	VERB
fbem-13191	85	27	the	the	DET
fbem-13191	85	28	price	price	NOUN
fbem-13191	85	29	estimate	estimate	NOUN
fbem-13191	85	30	of	of	ADP
fbem-13191	85	31	convertible	convertible	ADJ
fbem-13191	85	32	bonds	bond	NOUN
fbem-13191	85	33	according	accord	VERB
fbem-13191	85	34	to	to	ADP
fbem-13191	85	35	changes	change	NOUN
fbem-13191	85	36	in	in	ADP
fbem-13191	85	37	specific	specific	ADJ
fbem-13191	85	38	relevant	relevant	ADJ
fbem-13191	85	39	information	information	NOUN
fbem-13191	85	40	of	of	ADP
fbem-13191	85	41	convertible	convertible	ADJ
fbem-13191	85	42	bonds	bond	NOUN
fbem-13191	85	43	.	.	PUNCT
fbem-13191	86	1	or	or	CCONJ
fbem-13191	86	2	by	by	ADP
fbem-13191	86	3	looking	look	VERB
fbem-13191	86	4	at	at	ADP
fbem-13191	86	5	the	the	DET
fbem-13191	86	6	specific	specific	ADJ
fbem-13191	86	7	forms	form	NOUN
fbem-13191	86	8	of	of	ADP
fbem-13191	86	9	these	these	DET
fbem-13191	86	10	options	option	NOUN
fbem-13191	86	11	one	one	NUM
fbem-13191	86	12	by	by	ADP
fbem-13191	86	13	one	one	NUM
fbem-13191	86	14	,	,	PUNCT
fbem-13191	86	15	this	this	PRON
fbem-13191	86	16	does	do	AUX
fbem-13191	86	17	not	not	PART
fbem-13191	86	18	simplify	simplify	VERB
fbem-13191	86	19	the	the	DET
fbem-13191	86	20	complex	complex	ADJ
fbem-13191	86	21	issue	issue	NOUN
fbem-13191	86	22	or	or	CCONJ
fbem-13191	86	23	is	be	AUX
fbem-13191	86	24	often	often	ADV
fbem-13191	86	25	limited	limit	VERB
fbem-13191	86	26	to	to	ADP
fbem-13191	86	27	part	part	NOUN
fbem-13191	86	28	of	of	ADP
fbem-13191	86	29	the	the	DET
fbem-13191	86	30	overall	overall	ADJ
fbem-13191	86	31	integrity	integrity	NOUN
fbem-13191	86	32	.	.	PUNCT
fbem-13191	87	1	therefore	therefore	ADV
fbem-13191	87	2	,	,	PUNCT
fbem-13191	87	3	the	the	DET
fbem-13191	87	4	following	follow	VERB
fbem-13191	87	5	will	will	AUX
fbem-13191	87	6	put	put	VERB
fbem-13191	87	7	forward	forward	ADV
fbem-13191	87	8	the	the	DET
fbem-13191	87	9	value	value	NOUN
fbem-13191	87	10	of	of	ADP
fbem-13191	87	11	options	option	NOUN
fbem-13191	87	12	concretized	concretize	VERB
fbem-13191	87	13	fresh	fresh	ADJ
fbem-13191	87	14	thinking	thinking	NOUN
fbem-13191	87	15	.	.	PUNCT
fbem-13191	88	1	first	first	ADV
fbem-13191	88	2	,	,	PUNCT
fbem-13191	88	3	if	if	SCONJ
fbem-13191	88	4	the	the	DET
fbem-13191	88	5	market	market	NOUN
fbem-13191	88	6	price	price	NOUN
fbem-13191	88	7	of	of	ADP
fbem-13191	88	8	the	the	DET
fbem-13191	88	9	bond	bond	NOUN
fbem-13191	88	10	is	be	AUX
fbem-13191	88	11	only	only	ADV
fbem-13191	88	12	the	the	DET
fbem-13191	88	13	discounted	discount	VERB
fbem-13191	88	14	face	face	NOUN
fbem-13191	88	15	value	value	NOUN
fbem-13191	88	16	of	of	ADP
fbem-13191	88	17	the	the	DET
fbem-13191	88	18	bond	bond	NOUN
fbem-13191	88	19	or	or	CCONJ
fbem-13191	88	20	the	the	DET
fbem-13191	88	21	conversion	conversion	NOUN
fbem-13191	88	22	price	price	NOUN
fbem-13191	88	23	,	,	PUNCT
fbem-13191	88	24	then	then	ADV
fbem-13191	88	25	the	the	DET
fbem-13191	88	26	convertible	convertible	ADJ
fbem-13191	88	27	bond	bond	NOUN
fbem-13191	88	28	is	be	AUX
fbem-13191	88	29	only	only	ADV
fbem-13191	88	30	represented	represent	VERB
fbem-13191	88	31	by	by	ADP
fbem-13191	88	32	its	its	PRON
fbem-13191	88	33	underlying	underlie	VERB
fbem-13191	88	34	value	value	NOUN
fbem-13191	88	35	.	.	PUNCT
fbem-13191	89	1	if	if	SCONJ
fbem-13191	89	2	the	the	DET
fbem-13191	89	3	market	market	NOUN
fbem-13191	89	4	price	price	NOUN
fbem-13191	89	5	of	of	ADP
fbem-13191	89	6	the	the	DET
fbem-13191	89	7	convertible	convertible	ADJ
fbem-13191	89	8	bond	bond	NOUN
fbem-13191	89	9	is	be	AUX
fbem-13191	89	10	higher	high	ADJ
fbem-13191	89	11	than	than	ADP
fbem-13191	89	12	the	the	DET
fbem-13191	89	13	above	above	ADJ
fbem-13191	89	14	two	two	NUM
fbem-13191	89	15	base	base	NOUN
fbem-13191	89	16	values	value	NOUN
fbem-13191	89	17	,	,	PUNCT
fbem-13191	89	18	then	then	ADV
fbem-13191	89	19	the	the	DET
fbem-13191	89	20	higher	high	ADJ
fbem-13191	89	21	part	part	NOUN
fbem-13191	89	22	is	be	AUX
fbem-13191	89	23	the	the	DET
fbem-13191	89	24	option	option	NOUN
fbem-13191	89	25	price	price	NOUN
fbem-13191	89	26	.	.	PUNCT
fbem-13191	90	1	in	in	ADP
fbem-13191	90	2	terms	term	NOUN
fbem-13191	90	3	of	of	ADP
fbem-13191	90	4	option	option	NOUN
fbem-13191	90	5	prices	price	NOUN
fbem-13191	90	6	,	,	PUNCT
fbem-13191	90	7	we	we	PRON
fbem-13191	90	8	divide	divide	VERB
fbem-13191	90	9	into	into	ADP
fbem-13191	90	10	options	option	NOUN
fbem-13191	90	11	that	that	PRON
fbem-13191	90	12	achieve	achieve	VERB
fbem-13191	90	13	the	the	DET
fbem-13191	90	14	conditional	conditional	ADJ
fbem-13191	90	15	call	call	NOUN
fbem-13191	90	16	price	price	NOUN
fbem-13191	90	17	and	and	CCONJ
fbem-13191	90	18	options	option	NOUN
fbem-13191	90	19	that	that	PRON
fbem-13191	90	20	exceed	exceed	VERB
fbem-13191	90	21	the	the	DET
fbem-13191	90	22	conditional	conditional	ADJ
fbem-13191	90	23	call	call	NOUN
fbem-13191	90	24	price	price	NOUN
fbem-13191	90	25	.	.	PUNCT
fbem-13191	91	1	what	what	PRON
fbem-13191	91	2	is	be	AUX
fbem-13191	91	3	a	a	DET
fbem-13191	91	4	conditional	conditional	ADJ
fbem-13191	91	5	call	call	NOUN
fbem-13191	91	6	option	option	NOUN
fbem-13191	91	7	price	price	NOUN
fbem-13191	91	8	?	?	PUNCT
fbem-13191	92	1	for	for	ADP
fbem-13191	92	2	example	example	NOUN
fbem-13191	92	3	,	,	PUNCT
fbem-13191	92	4	in	in	ADP
fbem-13191	92	5	the	the	DET
fbem-13191	92	6	listing	listing	NOUN
fbem-13191	92	7	notice	notice	NOUN
fbem-13191	92	8	of	of	ADP
fbem-13191	92	9	huaibei	huaibei	PROPN
fbem-13191	92	10	mining	mining	NOUN
fbem-13191	92	11	(	(	PUNCT
fbem-13191	92	12	stock	stock	NOUN
fbem-13191	92	13	code	code	NOUN
fbem-13191	92	14	600985	600985	NUM
fbem-13191	92	15	)	)	PUNCT
fbem-13191	92	16	huai	huai	PROPN
fbem-13191	92	17	22	22	NUM
fbem-13191	92	18	convertible	convertible	ADJ
fbem-13191	92	19	bonds	bond	NOUN
fbem-13191	92	20	(	(	PUNCT
fbem-13191	92	21	convertible	convertible	ADJ
fbem-13191	92	22	bond	bond	NOUN
fbem-13191	92	23	code	code	NOUN
fbem-13191	92	24	110088	110088	NUM
fbem-13191	92	25	)	)	PUNCT
fbem-13191	92	26	,	,	PUNCT
fbem-13191	92	27	the	the	DET
fbem-13191	92	28	conditional	conditional	ADJ
fbem-13191	92	29	redemption	redemption	NOUN
fbem-13191	92	30	clause	clause	NOUN
fbem-13191	92	31	of	of	ADP
fbem-13191	92	32	the	the	DET
fbem-13191	92	33	issuance	issuance	NOUN
fbem-13191	92	34	terms	term	NOUN
fbem-13191	92	35	mentions	mention	VERB
fbem-13191	92	36	that	that	SCONJ
fbem-13191	92	37	"	"	PUNCT
fbem-13191	92	38	during	during	ADP
fbem-13191	92	39	the	the	DET
fbem-13191	92	40	convertible	convertible	ADJ
fbem-13191	92	41	bond	bond	NOUN
fbem-13191	92	42	conversion	conversion	NOUN
fbem-13191	92	43	period	period	NOUN
fbem-13191	92	44	of	of	ADP
fbem-13191	92	45	this	this	DET
fbem-13191	92	46	issue	issue	NOUN
fbem-13191	92	47	,	,	PUNCT
fbem-13191	92	48	when	when	SCONJ
fbem-13191	92	49	either	either	PRON
fbem-13191	92	50	of	of	ADP
fbem-13191	92	51	the	the	DET
fbem-13191	92	52	following	follow	VERB
fbem-13191	92	53	two	two	NUM
fbem-13191	92	54	situations	situation	NOUN
fbem-13191	92	55	occurs	occur	VERB
fbem-13191	92	56	,	,	PUNCT
fbem-13191	92	57	the	the	DET
fbem-13191	92	58	board	board	NOUN
fbem-13191	92	59	of	of	ADP
fbem-13191	92	60	directors	director	NOUN
fbem-13191	92	61	of	of	ADP
fbem-13191	92	62	the	the	DET
fbem-13191	92	63	company	company	NOUN
fbem-13191	92	64	has	have	VERB
fbem-13191	92	65	the	the	DET
fbem-13191	92	66	right	right	NOUN
fbem-13191	92	67	to	to	PART
fbem-13191	92	68	decide	decide	VERB
fbem-13191	92	69	to	to	PART
fbem-13191	92	70	redeem	redeem	VERB
fbem-13191	92	71	all	all	PRON
fbem-13191	92	72	or	or	CCONJ
fbem-13191	92	73	part	part	NOUN
fbem-13191	92	74	of	of	ADP
fbem-13191	92	75	the	the	DET
fbem-13191	92	76	convertible	convertible	ADJ
fbem-13191	92	77	bonds	bond	NOUN
fbem-13191	92	78	that	that	PRON
fbem-13191	92	79	have	have	AUX
fbem-13191	92	80	not	not	PART
fbem-13191	92	81	been	be	AUX
fbem-13191	92	82	converted	convert	VERB
fbem-13191	92	83	at	at	ADP
fbem-13191	92	84	the	the	DET
fbem-13191	92	85	price	price	NOUN
fbem-13191	92	86	of	of	ADP
fbem-13191	92	87	the	the	DET
fbem-13191	92	88	face	face	NOUN
fbem-13191	92	89	value	value	NOUN
fbem-13191	92	90	of	of	ADP
fbem-13191	92	91	the	the	DET
fbem-13191	92	92	bonds	bond	NOUN
fbem-13191	92	93	plus	plus	CCONJ
fbem-13191	92	94	the	the	DET
fbem-13191	92	95	accrued	accrue	VERB
fbem-13191	92	96	interest	interest	NOUN
fbem-13191	92	97	for	for	ADP
fbem-13191	92	98	the	the	DET
fbem-13191	92	99	current	current	ADJ
fbem-13191	92	100	period	period	NOUN
fbem-13191	92	101	:	:	PUNCT
fbem-13191	92	102	①	①	NUM
fbem-13191	92	103	during	during	ADP
fbem-13191	92	104	the	the	DET
fbem-13191	92	105	convertible	convertible	ADJ
fbem-13191	92	106	bond	bond	NOUN
fbem-13191	92	107	conversion	conversion	NOUN
fbem-13191	92	108	period	period	NOUN
fbem-13191	92	109	,	,	PUNCT
fbem-13191	92	110	if	if	SCONJ
fbem-13191	92	111	the	the	DET
fbem-13191	92	112	closing	closing	NOUN
fbem-13191	92	113	price	price	NOUN
fbem-13191	92	114	of	of	ADP
fbem-13191	92	115	the	the	DET
fbem-13191	92	116	company	company	NOUN
fbem-13191	92	117	's	's	PART
fbem-13191	92	118	a	a	DET
fbem-13191	92	119	-	-	PUNCT
fbem-13191	92	120	shares	share	NOUN
fbem-13191	92	121	on	on	ADP
fbem-13191	92	122	at	at	ADV
fbem-13191	92	123	least	least	ADV
fbem-13191	92	124	15	15	NUM
fbem-13191	92	125	of	of	ADP
fbem-13191	92	126	the	the	DET
fbem-13191	92	127	30	30	NUM
fbem-13191	92	128	consecutive	consecutive	ADJ
fbem-13191	92	129	trading	trading	NOUN
fbem-13191	92	130	days	day	NOUN
fbem-13191	92	131	is	be	AUX
fbem-13191	92	132	not	not	PART
fbem-13191	92	133	less	less	ADJ
fbem-13191	92	134	than	than	ADP
fbem-13191	92	135	130	130	NUM
fbem-13191	92	136	%	%	NOUN
fbem-13191	92	137	of	of	ADP
fbem-13191	92	138	the	the	DET
fbem-13191	92	139	current	current	ADJ
fbem-13191	92	140	conversion	conversion	NOUN
fbem-13191	92	141	price	price	NOUN
fbem-13191	92	142	(	(	PUNCT
fbem-13191	92	143	including	include	VERB
fbem-13191	92	144	130	130	NUM
fbem-13191	92	145	%	%	NOUN
fbem-13191	92	146	)	)	PUNCT
fbem-13191	92	147	"	"	PUNCT
fbem-13191	92	148	.	.	PUNCT
fbem-13191	93	1	so	so	ADV
fbem-13191	93	2	the	the	DET
fbem-13191	93	3	face	face	NOUN
fbem-13191	93	4	value	value	NOUN
fbem-13191	93	5	of	of	ADP
fbem-13191	93	6	the	the	DET
fbem-13191	93	7	bond	bond	NOUN
fbem-13191	93	8	multiplied	multiply	VERB
fbem-13191	93	9	by	by	ADP
fbem-13191	93	10	130	130	NUM
fbem-13191	93	11	%	%	NOUN
fbem-13191	93	12	or	or	CCONJ
fbem-13191	93	13	$	$	SYM
fbem-13191	93	14	130	130	NUM
fbem-13191	93	15	is	be	AUX
fbem-13191	93	16	the	the	DET
fbem-13191	93	17	conditional	conditional	ADJ
fbem-13191	93	18	call	call	NOUN
fbem-13191	93	19	price	price	NOUN
fbem-13191	93	20	mentioned	mention	VERB
fbem-13191	93	21	earlier	early	ADV
fbem-13191	93	22	.	.	PUNCT
fbem-13191	94	1	according	accord	VERB
fbem-13191	94	2	to	to	ADP
fbem-13191	94	3	the	the	DET
fbem-13191	94	4	research	research	NOUN
fbem-13191	94	5	of	of	ADP
fbem-13191	94	6	zheng	zheng	PROPN
fbem-13191	94	7	zhenlong	zhenlong	PROPN
fbem-13191	94	8	and	and	CCONJ
fbem-13191	94	9	lin	lin	PROPN
fbem-13191	94	10	hai	hai	PROPN
fbem-13191	94	11	[	[	X
fbem-13191	94	12	5	5	NUM
fbem-13191	94	13	]	]	PUNCT
fbem-13191	94	14	,	,	PUNCT
fbem-13191	94	15	the	the	DET
fbem-13191	94	16	optimal	optimal	ADJ
fbem-13191	94	17	strategy	strategy	NOUN
fbem-13191	94	18	for	for	ADP
fbem-13191	94	19	chinese	chinese	ADJ
fbem-13191	94	20	convertible	convertible	ADJ
fbem-13191	94	21	bond	bond	NOUN
fbem-13191	94	22	issuers	issuer	NOUN
fbem-13191	94	23	is	be	AUX
fbem-13191	94	24	to	to	PART
fbem-13191	94	25	encourage	encourage	VERB
fbem-13191	94	26	investors	investor	NOUN
fbem-13191	94	27	to	to	PART
fbem-13191	94	28	convert	convert	VERB
fbem-13191	94	29	convertible	convertible	ADJ
fbem-13191	94	30	bonds	bond	NOUN
fbem-13191	94	31	into	into	ADP
fbem-13191	94	32	company	company	NOUN
fbem-13191	94	33	shares	share	NOUN
fbem-13191	94	34	at	at	ADP
fbem-13191	94	35	the	the	DET
fbem-13191	94	36	highest	high	ADJ
fbem-13191	94	37	possible	possible	ADJ
fbem-13191	94	38	conversion	conversion	NOUN
fbem-13191	94	39	price	price	NOUN
fbem-13191	94	40	as	as	ADV
fbem-13191	94	41	soon	soon	ADV
fbem-13191	94	42	as	as	ADP
fbem-13191	94	43	possible	possible	ADJ
fbem-13191	94	44	.	.	PUNCT
fbem-13191	95	1	when	when	SCONJ
fbem-13191	95	2	the	the	DET
fbem-13191	95	3	price	price	NOUN
fbem-13191	95	4	of	of	ADP
fbem-13191	95	5	the	the	DET
fbem-13191	95	6	convertible	convertible	ADJ
fbem-13191	95	7	bond	bond	NOUN
fbem-13191	95	8	reaches	reach	VERB
fbem-13191	95	9	the	the	DET
fbem-13191	95	10	83	83	NUM
fbem-13191	95	11	conditional	conditional	ADJ
fbem-13191	95	12	redemption	redemption	NOUN
fbem-13191	95	13	price	price	NOUN
fbem-13191	95	14	of	of	ADP
fbem-13191	95	15	the	the	DET
fbem-13191	95	16	convertible	convertible	ADJ
fbem-13191	95	17	bond	bond	NOUN
fbem-13191	95	18	for	for	ADP
fbem-13191	95	19	a	a	DET
fbem-13191	95	20	certain	certain	ADJ
fbem-13191	95	21	period	period	NOUN
fbem-13191	95	22	of	of	ADP
fbem-13191	95	23	time	time	NOUN
fbem-13191	95	24	,	,	PUNCT
fbem-13191	95	25	the	the	DET
fbem-13191	95	26	board	board	NOUN
fbem-13191	95	27	of	of	ADP
fbem-13191	95	28	directors	director	NOUN
fbem-13191	95	29	of	of	ADP
fbem-13191	95	30	the	the	DET
fbem-13191	95	31	company	company	NOUN
fbem-13191	95	32	has	have	VERB
fbem-13191	95	33	the	the	DET
fbem-13191	95	34	right	right	NOUN
fbem-13191	95	35	to	to	PART
fbem-13191	95	36	decide	decide	VERB
fbem-13191	95	37	to	to	PART
fbem-13191	95	38	redeem	redeem	VERB
fbem-13191	95	39	all	all	PRON
fbem-13191	95	40	or	or	CCONJ
fbem-13191	95	41	part	part	NOUN
fbem-13191	95	42	of	of	ADP
fbem-13191	95	43	the	the	DET
fbem-13191	95	44	convertible	convertible	ADJ
fbem-13191	95	45	bond	bond	NOUN
fbem-13191	95	46	at	at	ADP
fbem-13191	95	47	the	the	DET
fbem-13191	95	48	price	price	NOUN
fbem-13191	95	49	of	of	ADP
fbem-13191	95	50	the	the	DET
fbem-13191	95	51	face	face	NOUN
fbem-13191	95	52	value	value	NOUN
fbem-13191	95	53	of	of	ADP
fbem-13191	95	54	the	the	DET
fbem-13191	95	55	bond	bond	NOUN
fbem-13191	95	56	plus	plus	CCONJ
fbem-13191	95	57	the	the	DET
fbem-13191	95	58	current	current	ADJ
fbem-13191	95	59	accrued	accrue	VERB
fbem-13191	95	60	interest	interest	NOUN
fbem-13191	95	61	.	.	PUNCT
fbem-13191	96	1	if	if	SCONJ
fbem-13191	96	2	the	the	DET
fbem-13191	96	3	board	board	NOUN
fbem-13191	96	4	of	of	ADP
fbem-13191	96	5	directors	director	NOUN
fbem-13191	96	6	were	be	AUX
fbem-13191	96	7	to	to	PART
fbem-13191	96	8	redeem	redeem	VERB
fbem-13191	96	9	the	the	DET
fbem-13191	96	10	bonds	bond	NOUN
fbem-13191	96	11	,	,	PUNCT
fbem-13191	96	12	creditors	creditor	NOUN
fbem-13191	96	13	would	would	AUX
fbem-13191	96	14	face	face	VERB
fbem-13191	96	15	a	a	DET
fbem-13191	96	16	loss	loss	NOUN
fbem-13191	96	17	of	of	ADP
fbem-13191	96	18	interest	interest	NOUN
fbem-13191	96	19	from	from	ADP
fbem-13191	96	20	the	the	DET
fbem-13191	96	21	current	current	ADJ
fbem-13191	96	22	conditional	conditional	ADJ
fbem-13191	96	23	redemption	redemption	NOUN
fbem-13191	96	24	price	price	NOUN
fbem-13191	96	25	to	to	ADP
fbem-13191	96	26	the	the	DET
fbem-13191	96	27	face	face	NOUN
fbem-13191	96	28	value	value	NOUN
fbem-13191	96	29	of	of	ADP
fbem-13191	96	30	the	the	DET
fbem-13191	96	31	bonds	bond	NOUN
fbem-13191	96	32	plus	plus	CCONJ
fbem-13191	96	33	the	the	DET
fbem-13191	96	34	current	current	ADJ
fbem-13191	96	35	accrued	accrue	VERB
fbem-13191	96	36	interest	interest	NOUN
fbem-13191	96	37	,	,	PUNCT
fbem-13191	96	38	thereby	thereby	ADV
fbem-13191	96	39	facilitating	facilitate	VERB
fbem-13191	96	40	the	the	DET
fbem-13191	96	41	conversion	conversion	NOUN
fbem-13191	96	42	of	of	ADP
fbem-13191	96	43	the	the	DET
fbem-13191	96	44	convertible	convertible	ADJ
fbem-13191	96	45	bonds	bond	NOUN
fbem-13191	96	46	to	to	ADP
fbem-13191	96	47	holders	holder	NOUN
fbem-13191	96	48	.	.	PUNCT
fbem-13191	97	1	in	in	ADP
fbem-13191	97	2	turn	turn	NOUN
fbem-13191	97	3	,	,	PUNCT
fbem-13191	97	4	the	the	DET
fbem-13191	97	5	creditors	creditor	NOUN
fbem-13191	97	6	of	of	ADP
fbem-13191	97	7	convertible	convertible	ADJ
fbem-13191	97	8	bonds	bond	NOUN
fbem-13191	97	9	have	have	VERB
fbem-13191	97	10	reason	reason	NOUN
fbem-13191	97	11	to	to	PART
fbem-13191	97	12	expect	expect	VERB
fbem-13191	97	13	that	that	SCONJ
fbem-13191	97	14	the	the	DET
fbem-13191	97	15	issuer	issuer	NOUN
fbem-13191	97	16	will	will	AUX
fbem-13191	97	17	be	be	AUX
fbem-13191	97	18	motivated	motivate	VERB
fbem-13191	97	19	to	to	PART
fbem-13191	97	20	promote	promote	VERB
fbem-13191	97	21	the	the	DET
fbem-13191	97	22	conversion	conversion	NOUN
fbem-13191	97	23	of	of	ADP
fbem-13191	97	24	convertible	convertible	ADJ
fbem-13191	97	25	bonds	bond	NOUN
fbem-13191	97	26	,	,	PUNCT
fbem-13191	97	27	so	so	SCONJ
fbem-13191	97	28	that	that	SCONJ
fbem-13191	97	29	the	the	DET
fbem-13191	97	30	price	price	NOUN
fbem-13191	97	31	of	of	ADP
fbem-13191	97	32	convertible	convertible	ADJ
fbem-13191	97	33	bonds	bond	NOUN
fbem-13191	97	34	will	will	AUX
fbem-13191	97	35	reach	reach	VERB
fbem-13191	97	36	the	the	DET
fbem-13191	97	37	conditional	conditional	ADJ
fbem-13191	97	38	redemption	redemption	NOUN
fbem-13191	97	39	price	price	NOUN
fbem-13191	97	40	in	in	ADP
fbem-13191	97	41	the	the	DET
fbem-13191	97	42	future	future	NOUN
fbem-13191	97	43	.	.	PUNCT
fbem-13191	98	1	this	this	DET
fbem-13191	98	2	section	section	NOUN
fbem-13191	98	3	is	be	AUX
fbem-13191	98	4	the	the	DET
fbem-13191	98	5	option	option	NOUN
fbem-13191	98	6	that	that	PRON
fbem-13191	98	7	reaches	reach	VERB
fbem-13191	98	8	the	the	DET
fbem-13191	98	9	conditional	conditional	ADJ
fbem-13191	98	10	call	call	NOUN
fbem-13191	98	11	price	price	NOUN
fbem-13191	98	12	.	.	PUNCT
fbem-13191	99	1	but	but	CCONJ
fbem-13191	99	2	different	different	ADJ
fbem-13191	99	3	companies	company	NOUN
fbem-13191	99	4	face	face	VERB
fbem-13191	99	5	different	different	ADJ
fbem-13191	99	6	market	market	NOUN
fbem-13191	99	7	conditions	condition	NOUN
fbem-13191	99	8	and	and	CCONJ
fbem-13191	99	9	may	may	AUX
fbem-13191	99	10	reach	reach	VERB
fbem-13191	99	11	conditional	conditional	ADJ
fbem-13191	99	12	call	call	NOUN
fbem-13191	99	13	price	price	NOUN
fbem-13191	99	14	at	at	ADP
fbem-13191	99	15	different	different	ADJ
fbem-13191	99	16	times	time	NOUN
fbem-13191	99	17	.	.	PUNCT
fbem-13191	100	1	for	for	ADP
fbem-13191	100	2	example	example	NOUN
fbem-13191	100	3	,	,	PUNCT
fbem-13191	100	4	some	some	DET
fbem-13191	100	5	companies	company	NOUN
fbem-13191	100	6	reach	reach	VERB
fbem-13191	100	7	the	the	DET
fbem-13191	100	8	callable	callable	ADJ
fbem-13191	100	9	condition	condition	NOUN
fbem-13191	100	10	price	price	NOUN
fbem-13191	100	11	in	in	ADP
fbem-13191	100	12	advance	advance	NOUN
fbem-13191	100	13	due	due	ADP
fbem-13191	100	14	to	to	ADP
fbem-13191	100	15	the	the	DET
fbem-13191	100	16	increase	increase	NOUN
fbem-13191	100	17	in	in	ADP
fbem-13191	100	18	the	the	DET
fbem-13191	100	19	value	value	NOUN
fbem-13191	100	20	of	of	ADP
fbem-13191	100	21	shares	share	NOUN
fbem-13191	100	22	before	before	ADP
fbem-13191	100	23	the	the	DET
fbem-13191	100	24	listing	listing	NOUN
fbem-13191	100	25	of	of	ADP
fbem-13191	100	26	bonds	bond	NOUN
fbem-13191	100	27	,	,	PUNCT
fbem-13191	100	28	and	and	CCONJ
fbem-13191	100	29	may	may	AUX
fbem-13191	100	30	directly	directly	ADV
fbem-13191	100	31	enter	enter	VERB
fbem-13191	100	32	the	the	DET
fbem-13191	100	33	stage	stage	NOUN
fbem-13191	100	34	of	of	ADP
fbem-13191	100	35	options	option	NOUN
fbem-13191	100	36	that	that	PRON
fbem-13191	100	37	exceed	exceed	VERB
fbem-13191	100	38	the	the	DET
fbem-13191	100	39	conditional	conditional	ADJ
fbem-13191	100	40	call	call	NOUN
fbem-13191	100	41	price	price	NOUN
fbem-13191	100	42	.	.	PUNCT
fbem-13191	101	1	some	some	DET
fbem-13191	101	2	companies	company	NOUN
fbem-13191	101	3	like	like	VERB
fbem-13191	101	4	to	to	PART
fbem-13191	101	5	carry	carry	VERB
fbem-13191	101	6	out	out	ADP
fbem-13191	101	7	convertible	convertible	ADJ
fbem-13191	101	8	debt	debt	NOUN
fbem-13191	101	9	to	to	ADP
fbem-13191	101	10	equity	equity	NOUN
fbem-13191	101	11	to	to	PART
fbem-13191	101	12	achieve	achieve	VERB
fbem-13191	101	13	the	the	DET
fbem-13191	101	14	tradition	tradition	NOUN
fbem-13191	101	15	of	of	ADP
fbem-13191	101	16	financing	financing	NOUN
fbem-13191	101	17	purposes	purpose	NOUN
fbem-13191	101	18	,	,	PUNCT
fbem-13191	101	19	can	can	AUX
fbem-13191	101	20	be	be	AUX
fbem-13191	101	21	estimated	estimate	VERB
fbem-13191	101	22	based	base	VERB
fbem-13191	101	23	on	on	ADP
fbem-13191	101	24	the	the	DET
fbem-13191	101	25	past	past	ADJ
fbem-13191	101	26	situation	situation	NOUN
fbem-13191	101	27	to	to	PART
fbem-13191	101	28	reach	reach	VERB
fbem-13191	101	29	the	the	DET
fbem-13191	101	30	redemption	redemption	NOUN
fbem-13191	101	31	condition	condition	NOUN
fbem-13191	101	32	price	price	NOUN
fbem-13191	101	33	.	.	PUNCT
fbem-13191	102	1	others	other	NOUN
fbem-13191	102	2	,	,	PUNCT
fbem-13191	102	3	because	because	SCONJ
fbem-13191	102	4	they	they	PRON
fbem-13191	102	5	are	be	AUX
fbem-13191	102	6	in	in	ADP
fbem-13191	102	7	a	a	DET
fbem-13191	102	8	fast	fast	ADV
fbem-13191	102	9	-	-	PUNCT
fbem-13191	102	10	growing	grow	VERB
fbem-13191	102	11	or	or	CCONJ
fbem-13191	102	12	hot	hot	ADJ
fbem-13191	102	13	sector	sector	NOUN
fbem-13191	102	14	of	of	ADP
fbem-13191	102	15	the	the	DET
fbem-13191	102	16	market	market	NOUN
fbem-13191	102	17	,	,	PUNCT
fbem-13191	102	18	can	can	AUX
fbem-13191	102	19	estimate	estimate	VERB
fbem-13191	102	20	how	how	SCONJ
fbem-13191	102	21	long	long	ADV
fbem-13191	102	22	it	it	PRON
fbem-13191	102	23	will	will	AUX
fbem-13191	102	24	take	take	VERB
fbem-13191	102	25	them	they	PRON
fbem-13191	102	26	to	to	PART
fbem-13191	102	27	reach	reach	VERB
fbem-13191	102	28	a	a	DET
fbem-13191	102	29	callable	callable	ADJ
fbem-13191	102	30	price	price	NOUN
fbem-13191	102	31	based	base	VERB
fbem-13191	102	32	on	on	ADP
fbem-13191	102	33	their	their	PRON
fbem-13191	102	34	rise	rise	NOUN
fbem-13191	102	35	.	.	PUNCT
fbem-13191	103	1	thus	thus	ADV
fbem-13191	103	2	set	set	VERB
fbem-13191	103	3	the	the	DET
fbem-13191	103	4	option	option	NOUN
fbem-13191	103	5	value	value	NOUN
fbem-13191	103	6	oi	oi	INTJ
fbem-13191	103	7	that	that	PRON
fbem-13191	103	8	reaches	reach	VERB
fbem-13191	103	9	the	the	DET
fbem-13191	103	10	conditional	conditional	ADJ
fbem-13191	103	11	call	call	NOUN
fbem-13191	103	12	price	price	NOUN
fbem-13191	103	13	to	to	ADP
fbem-13191	103	14	:	:	PUNCT
fbem-13191	103	15	𝑂	𝑂	PROPN
fbem-13191	103	16	𝐵	𝐵	NOUN
fbem-13191	103	17	14	14	NUM
fbem-13191	103	18	where	where	SCONJ
fbem-13191	103	19	m	m	PROPN
fbem-13191	103	20	denotes	denote	VERB
fbem-13191	103	21	the	the	DET
fbem-13191	103	22	price	price	NOUN
fbem-13191	103	23	at	at	ADP
fbem-13191	103	24	which	which	PRON
fbem-13191	103	25	the	the	DET
fbem-13191	103	26	convertible	convertible	ADJ
fbem-13191	103	27	bond	bond	NOUN
fbem-13191	103	28	reaches	reach	VERB
fbem-13191	103	29	the	the	DET
fbem-13191	103	30	conditional	conditional	ADJ
fbem-13191	103	31	redemption	redemption	NOUN
fbem-13191	103	32	,	,	PUNCT
fbem-13191	103	33	n	n	PRON
fbem-13191	103	34	denotes	denote	VERB
fbem-13191	103	35	the	the	DET
fbem-13191	103	36	estimated	estimate	VERB
fbem-13191	103	37	time	time	NOUN
fbem-13191	103	38	to	to	PART
fbem-13191	103	39	reach	reach	VERB
fbem-13191	103	40	the	the	DET
fbem-13191	103	41	conditional	conditional	ADJ
fbem-13191	103	42	redemption	redemption	NOUN
fbem-13191	103	43	price	price	NOUN
fbem-13191	103	44	,	,	PUNCT
fbem-13191	103	45	and	and	CCONJ
fbem-13191	103	46	r	r	NOUN
fbem-13191	103	47	is	be	AUX
fbem-13191	103	48	the	the	DET
fbem-13191	103	49	same	same	ADJ
fbem-13191	103	50	as	as	SCONJ
fbem-13191	103	51	the	the	DET
fbem-13191	103	52	previous	previous	ADJ
fbem-13191	103	53	r.	r.	PROPN
fbem-13191	103	54	options	option	NOUN
fbem-13191	103	55	that	that	PRON
fbem-13191	103	56	exceed	exceed	VERB
fbem-13191	103	57	the	the	DET
fbem-13191	103	58	conditional	conditional	ADJ
fbem-13191	103	59	call	call	NOUN
fbem-13191	103	60	price	price	NOUN
fbem-13191	103	61	lose	lose	VERB
fbem-13191	103	62	the	the	DET
fbem-13191	103	63	value	value	NOUN
fbem-13191	103	64	of	of	ADP
fbem-13191	103	65	the	the	DET
fbem-13191	103	66	purchase	purchase	NOUN
fbem-13191	103	67	above	above	ADP
fbem-13191	103	68	the	the	DET
fbem-13191	103	69	call	call	NOUN
fbem-13191	103	70	price	price	NOUN
fbem-13191	103	71	as	as	SCONJ
fbem-13191	103	72	the	the	DET
fbem-13191	103	73	stock	stock	NOUN
fbem-13191	103	74	falls	fall	VERB
fbem-13191	103	75	.	.	PUNCT
fbem-13191	104	1	this	this	PRON
fbem-13191	104	2	is	be	AUX
fbem-13191	104	3	similar	similar	ADJ
fbem-13191	104	4	to	to	ADP
fbem-13191	104	5	a	a	DET
fbem-13191	104	6	call	call	NOUN
fbem-13191	104	7	option	option	NOUN
fbem-13191	104	8	on	on	ADP
fbem-13191	104	9	a	a	DET
fbem-13191	104	10	stock	stock	NOUN
fbem-13191	104	11	,	,	PUNCT
fbem-13191	104	12	and	and	CCONJ
fbem-13191	104	13	this	this	DET
fbem-13191	104	14	part	part	NOUN
fbem-13191	104	15	of	of	ADP
fbem-13191	104	16	the	the	DET
fbem-13191	104	17	price	price	NOUN
fbem-13191	104	18	after	after	ADP
fbem-13191	104	19	the	the	DET
fbem-13191	104	20	direct	direct	ADJ
fbem-13191	104	21	purchase	purchase	NOUN
fbem-13191	104	22	of	of	ADP
fbem-13191	104	23	the	the	DET
fbem-13191	104	24	stock	stock	NOUN
fbem-13191	104	25	bullish	bullish	ADJ
fbem-13191	104	26	price	price	NOUN
fbem-13191	104	27	is	be	AUX
fbem-13191	104	28	consistent	consistent	ADJ
fbem-13191	104	29	.	.	PUNCT
fbem-13191	105	1	so	so	ADV
fbem-13191	105	2	it	it	PRON
fbem-13191	105	3	's	be	AUX
fbem-13191	105	4	essentially	essentially	ADV
fbem-13191	105	5	the	the	DET
fbem-13191	105	6	same	same	ADJ
fbem-13191	105	7	as	as	ADP
fbem-13191	105	8	buying	buy	VERB
fbem-13191	105	9	shares	share	NOUN
fbem-13191	105	10	directly	directly	ADV
fbem-13191	105	11	.	.	PUNCT
fbem-13191	106	1	therefore	therefore	ADV
fbem-13191	106	2	,	,	PUNCT
fbem-13191	106	3	it	it	PRON
fbem-13191	106	4	is	be	AUX
fbem-13191	106	5	generally	generally	ADV
fbem-13191	106	6	not	not	PART
fbem-13191	106	7	recommended	recommend	VERB
fbem-13191	106	8	to	to	PART
fbem-13191	106	9	participate	participate	VERB
fbem-13191	106	10	in	in	ADP
fbem-13191	106	11	this	this	DET
fbem-13191	106	12	type	type	NOUN
fbem-13191	106	13	of	of	ADP
fbem-13191	106	14	convertible	convertible	ADJ
fbem-13191	106	15	bond	bond	NOUN
fbem-13191	106	16	transaction	transaction	NOUN
fbem-13191	106	17	.	.	PUNCT
fbem-13191	107	1	its	its	PRON
fbem-13191	107	2	option	option	NOUN
fbem-13191	107	3	value	value	NOUN
fbem-13191	107	4	is	be	AUX
fbem-13191	107	5	oo	oo	ADJ
fbem-13191	107	6	:	:	PUNCT
fbem-13191	107	7	𝑂	𝑂	PROPN
fbem-13191	107	8	0	0	NUM
fbem-13191	107	9	15	15	NUM
fbem-13191	107	10	when	when	SCONJ
fbem-13191	107	11	the	the	DET
fbem-13191	107	12	conditional	conditional	ADJ
fbem-13191	107	13	redemption	redemption	NOUN
fbem-13191	107	14	price	price	NOUN
fbem-13191	107	15	is	be	AUX
fbem-13191	107	16	exceeded	exceed	VERB
fbem-13191	107	17	,	,	PUNCT
fbem-13191	107	18	the	the	DET
fbem-13191	107	19	convertible	convertible	ADJ
fbem-13191	107	20	bond	bond	NOUN
fbem-13191	107	21	is	be	AUX
fbem-13191	107	22	priced	price	VERB
fbem-13191	107	23	as	as	SCONJ
fbem-13191	107	24	follows	follow	VERB
fbem-13191	107	25	:	:	PUNCT
fbem-13191	107	26	𝑃	𝑃	VERB
fbem-13191	107	27	𝑣	𝑣	ADV
fbem-13191	107	28	16	16	NUM
fbem-13191	107	29	in	in	ADP
fbem-13191	107	30	addition	addition	NOUN
fbem-13191	107	31	to	to	ADP
fbem-13191	107	32	the	the	DET
fbem-13191	107	33	two	two	NUM
fbem-13191	107	34	options	option	NOUN
fbem-13191	107	35	mentioned	mention	VERB
fbem-13191	107	36	above	above	ADV
fbem-13191	107	37	that	that	PRON
fbem-13191	107	38	have	have	VERB
fbem-13191	107	39	an	an	DET
fbem-13191	107	40	impact	impact	NOUN
fbem-13191	107	41	on	on	ADP
fbem-13191	107	42	the	the	DET
fbem-13191	107	43	price	price	NOUN
fbem-13191	107	44	,	,	PUNCT
fbem-13191	107	45	there	there	PRON
fbem-13191	107	46	are	be	VERB
fbem-13191	107	47	many	many	ADJ
fbem-13191	107	48	options	option	NOUN
fbem-13191	107	49	that	that	PRON
fbem-13191	107	50	can	can	AUX
fbem-13191	107	51	affect	affect	VERB
fbem-13191	107	52	the	the	DET
fbem-13191	107	53	price	price	NOUN
fbem-13191	107	54	of	of	ADP
fbem-13191	107	55	a	a	DET
fbem-13191	107	56	convertible	convertible	ADJ
fbem-13191	107	57	bond	bond	NOUN
fbem-13191	107	58	.	.	PUNCT
fbem-13191	108	1	but	but	CCONJ
fbem-13191	108	2	these	these	DET
fbem-13191	108	3	terms	term	NOUN
fbem-13191	108	4	can	can	AUX
fbem-13191	108	5	be	be	AUX
fbem-13191	108	6	grouped	group	VERB
fbem-13191	108	7	into	into	ADP
fbem-13191	108	8	two	two	NUM
fbem-13191	108	9	categories	category	NOUN
fbem-13191	108	10	:	:	PUNCT
fbem-13191	108	11	call	call	VERB
fbem-13191	108	12	and	and	CCONJ
fbem-13191	108	13	sell	sell	NOUN
fbem-13191	108	14	-	-	PUNCT
fbem-13191	108	15	back	back	NOUN
fbem-13191	108	16	,	,	PUNCT
fbem-13191	108	17	but	but	CCONJ
fbem-13191	108	18	since	since	SCONJ
fbem-13191	108	19	they	they	PRON
fbem-13191	108	20	are	be	AUX
fbem-13191	108	21	calculated	calculate	VERB
fbem-13191	108	22	in	in	ADP
fbem-13191	108	23	the	the	DET
fbem-13191	108	24	same	same	ADJ
fbem-13191	108	25	way	way	NOUN
fbem-13191	108	26	,	,	PUNCT
fbem-13191	108	27	we	we	PRON
fbem-13191	108	28	can	can	AUX
fbem-13191	108	29	view	view	VERB
fbem-13191	108	30	the	the	DET
fbem-13191	108	31	bond	bond	NOUN
fbem-13191	108	32	price	price	NOUN
fbem-13191	108	33	in	in	ADP
fbem-13191	108	34	this	this	DET
fbem-13191	108	35	case	case	NOUN
fbem-13191	108	36	as	as	SCONJ
fbem-13191	108	37	follows	follow	VERB
fbem-13191	108	38	：	：	PUNCT
fbem-13191	108	39	𝑃	𝑃	PROPN
fbem-13191	108	40	𝑅	𝑅	PROPN
fbem-13191	108	41	∗	∗	X
fbem-13191	108	42	𝑉	𝑉	PROPN
fbem-13191	108	43	𝑅	𝑅	PROPN
fbem-13191	108	44	∗	∗	NOUN
fbem-13191	108	45	𝐹	𝐹	PROPN
fbem-13191	108	46	𝐹	𝐹	PROPN
fbem-13191	108	47	∗	∗	VERB
fbem-13191	108	48	𝑟	𝑟	PRON
fbem-13191	108	49	∗	∗	NOUN
fbem-13191	108	50	(	(	PUNCT
fbem-13191	108	51	17	17	NUM
fbem-13191	108	52	)	)	PUNCT
fbem-13191	108	53	because	because	SCONJ
fbem-13191	108	54	there	there	PRON
fbem-13191	108	55	is	be	VERB
fbem-13191	108	56	also	also	ADV
fbem-13191	108	57	the	the	DET
fbem-13191	108	58	possibility	possibility	NOUN
fbem-13191	108	59	of	of	ADP
fbem-13191	108	60	a	a	DET
fbem-13191	108	61	downward	downward	ADJ
fbem-13191	108	62	revision	revision	NOUN
fbem-13191	108	63	because	because	SCONJ
fbem-13191	108	64	the	the	DET
fbem-13191	108	65	stock	stock	NOUN
fbem-13191	108	66	price	price	NOUN
fbem-13191	108	67	is	be	AUX
fbem-13191	108	68	going	go	VERB
fbem-13191	108	69	down	down	ADV
fbem-13191	108	70	.	.	PUNCT
fbem-13191	109	1	therefore	therefore	ADV
fbem-13191	109	2	,	,	PUNCT
fbem-13191	109	3	to	to	PART
fbem-13191	109	4	sum	sum	VERB
fbem-13191	109	5	up	up	ADP
fbem-13191	109	6	,	,	PUNCT
fbem-13191	109	7	the	the	DET
fbem-13191	109	8	bond	bond	NOUN
fbem-13191	109	9	price	price	NOUN
fbem-13191	109	10	formula	formula	NOUN
fbem-13191	109	11	when	when	SCONJ
fbem-13191	109	12	the	the	DET
fbem-13191	109	13	partial	partial	ADJ
fbem-13191	109	14	value	value	NOUN
fbem-13191	109	15	of	of	ADP
fbem-13191	109	16	the	the	DET
fbem-13191	109	17	convertible	convertible	ADJ
fbem-13191	109	18	bond	bond	NOUN
fbem-13191	109	19	is	be	AUX
fbem-13191	109	20	established	establish	VERB
fbem-13191	109	21	should	should	AUX
fbem-13191	109	22	be	be	AUX
fbem-13191	109	23	as	as	SCONJ
fbem-13191	109	24	follows	follow	VERB
fbem-13191	109	25	:	:	PUNCT
fbem-13191	110	1	𝑃	𝑃	VERB
fbem-13191	110	2	𝑣	𝑣	DET
fbem-13191	110	3	∨	∨	NOUN
fbem-13191	110	4	𝑣	𝑣	DET
fbem-13191	110	5	∨	∨	NUM
fbem-13191	110	6	𝐵	𝐵	NOUN
fbem-13191	110	7	𝑂	𝑂	PROPN
fbem-13191	110	8	∨	∨	NOUN
fbem-13191	110	9	𝑅	𝑅	PROPN
fbem-13191	110	10	∗	∗	X
fbem-13191	110	11	𝑉	𝑉	PROPN
fbem-13191	110	12	∨	∨	NOUN
fbem-13191	110	13	𝑅	𝑅	PROPN
fbem-13191	110	14	∗	∗	NOUN
fbem-13191	110	15	𝑣	𝑣	PRON
fbem-13191	110	16	⋯	⋯	NOUN
fbem-13191	110	17	∗	∗	NOUN
fbem-13191	110	18	∗	∗	NOUN
fbem-13191	110	19	∨	∨	NOUN
fbem-13191	110	20	∗	∗	NOUN
fbem-13191	110	21	𝑃	𝑃	PROPN
fbem-13191	110	22	∨	∨	NOUN
fbem-13191	110	23	∨	∨	NOUN
fbem-13191	110	24	𝑅	𝑅	PROPN
fbem-13191	110	25	∗	∗	NOUN
fbem-13191	110	26	𝐹	𝐹	PROPN
fbem-13191	110	27	𝐹	𝐹	PROPN
fbem-13191	110	28	∗	∗	VERB
fbem-13191	110	29	𝑟	𝑟	PRON
fbem-13191	110	30	∗	∗	NOUN
fbem-13191	110	31	∨	∨	NOUN
fbem-13191	110	32	𝑅	𝑅	PROPN
fbem-13191	110	33	∗	∗	NOUN
fbem-13191	110	34	∗	∗	NOUN
fbem-13191	110	35	𝑃	𝑃	NOUN
fbem-13191	110	36	(	(	PUNCT
fbem-13191	110	37	18	18	NUM
fbem-13191	110	38	)	)	PUNCT
fbem-13191	110	39	the	the	DET
fbem-13191	110	40	value	value	NOUN
fbem-13191	110	41	of	of	ADP
fbem-13191	110	42	the	the	DET
fbem-13191	110	43	bond	bond	NOUN
fbem-13191	110	44	part	part	NOUN
fbem-13191	110	45	of	of	ADP
fbem-13191	110	46	the	the	DET
fbem-13191	110	47	comprehensive	comprehensive	ADJ
fbem-13191	110	48	convertible	convertible	ADJ
fbem-13191	110	49	bond	bond	NOUN
fbem-13191	110	50	is	be	AUX
fbem-13191	110	51	established	establish	VERB
fbem-13191	110	52	and	and	CCONJ
fbem-13191	110	53	not	not	PART
fbem-13191	110	54	established	establish	VERB
fbem-13191	110	55	.	.	PUNCT
fbem-13191	111	1	the	the	DET
fbem-13191	111	2	price	price	NOUN
fbem-13191	111	3	formula	formula	NOUN
fbem-13191	111	4	for	for	ADP
fbem-13191	111	5	convertible	convertible	ADJ
fbem-13191	111	6	bonds	bond	NOUN
fbem-13191	111	7	can	can	AUX
fbem-13191	111	8	be	be	AUX
fbem-13191	111	9	summarized	summarize	VERB
fbem-13191	111	10	as	as	SCONJ
fbem-13191	111	11	follows	follow	VERB
fbem-13191	111	12	:	:	PUNCT
fbem-13191	111	13	𝑃	𝑃	VERB
fbem-13191	111	14	𝑣	𝑣	DET
fbem-13191	111	15	∨	∨	X
fbem-13191	111	16	𝑅	𝑅	PROPN
fbem-13191	111	17	∗	∗	NOUN
fbem-13191	111	18	𝑣	𝑣	ADP
fbem-13191	111	19	∨	∨	PROPN
fbem-13191	111	20	𝑅	𝑅	PROPN
fbem-13191	111	21	∗	∗	X
fbem-13191	111	22	𝑉	𝑉	PROPN
fbem-13191	111	23	∨	∨	NOUN
fbem-13191	111	24	𝑣	𝑣	ADP
fbem-13191	111	25	∨	∨	NUM
fbem-13191	111	26	𝐵	𝐵	NOUN
fbem-13191	111	27	𝑂	𝑂	PROPN
fbem-13191	111	28	19	19	NUM
fbem-13191	111	29	by	by	ADP
fbem-13191	111	30	the	the	DET
fbem-13191	111	31	above	above	ADJ
fbem-13191	111	32	deduction	deduction	NOUN
fbem-13191	111	33	,	,	PUNCT
fbem-13191	111	34	we	we	PRON
fbem-13191	111	35	can	can	AUX
fbem-13191	111	36	find	find	VERB
fbem-13191	111	37	that	that	SCONJ
fbem-13191	111	38	the	the	DET
fbem-13191	111	39	final	final	ADJ
fbem-13191	111	40	decision	decision	NOUN
fbem-13191	111	41	of	of	ADP
fbem-13191	111	42	the	the	DET
fbem-13191	111	43	convertible	convertible	ADJ
fbem-13191	111	44	bond	bond	NOUN
fbem-13191	111	45	price	price	NOUN
fbem-13191	111	46	comes	come	VERB
fbem-13191	111	47	from	from	ADP
fbem-13191	111	48	only	only	ADV
fbem-13191	111	49	two	two	NUM
fbem-13191	111	50	parts	part	NOUN
fbem-13191	111	51	:	:	PUNCT
fbem-13191	111	52	the	the	DET
fbem-13191	111	53	bond	bond	NOUN
fbem-13191	111	54	value	value	NOUN
fbem-13191	111	55	and	and	CCONJ
fbem-13191	111	56	the	the	DET
fbem-13191	111	57	equity	equity	NOUN
fbem-13191	111	58	transfer	transfer	NOUN
fbem-13191	111	59	value	value	NOUN
fbem-13191	111	60	.	.	PUNCT
fbem-13191	112	1	it	it	PRON
fbem-13191	112	2	's	be	AUX
fbem-13191	112	3	just	just	ADV
fbem-13191	112	4	that	that	SCONJ
fbem-13191	112	5	there	there	PRON
fbem-13191	112	6	are	be	VERB
fbem-13191	112	7	various	various	ADJ
fbem-13191	112	8	factors	factor	NOUN
fbem-13191	112	9	that	that	PRON
fbem-13191	112	10	are	be	AUX
fbem-13191	112	11	affecting	affect	VERB
fbem-13191	112	12	these	these	DET
fbem-13191	112	13	two	two	NUM
fbem-13191	112	14	things	thing	NOUN
fbem-13191	112	15	that	that	PRON
fbem-13191	112	16	are	be	AUX
fbem-13191	112	17	causing	cause	VERB
fbem-13191	112	18	the	the	DET
fbem-13191	112	19	price	price	NOUN
fbem-13191	112	20	of	of	ADP
fbem-13191	112	21	the	the	DET
fbem-13191	112	22	bond	bond	NOUN
fbem-13191	112	23	to	to	PART
fbem-13191	112	24	change	change	VERB
fbem-13191	112	25	.	.	PUNCT
fbem-13191	113	1	as	as	SCONJ
fbem-13191	113	2	an	an	DET
fbem-13191	113	3	old	old	ADJ
fbem-13191	113	4	chinese	chinese	ADJ
fbem-13191	113	5	saying	saying	NOUN
fbem-13191	113	6	goes	go	VERB
fbem-13191	113	7	,	,	PUNCT
fbem-13191	113	8	"	"	PUNCT
fbem-13191	113	9	all	all	DET
fbem-13191	113	10	changes	change	NOUN
fbem-13191	113	11	remain	remain	VERB
fbem-13191	113	12	the	the	DET
fbem-13191	113	13	same	same	ADJ
fbem-13191	113	14	.	.	PUNCT
fbem-13191	113	15	"	"	PUNCT
fbem-13191	114	1	therefore	therefore	ADV
fbem-13191	114	2	,	,	PUNCT
fbem-13191	114	3	no	no	ADV
fbem-13191	114	4	matter	matter	ADV
fbem-13191	114	5	what	what	DET
fbem-13191	114	6	kind	kind	NOUN
fbem-13191	114	7	of	of	ADP
fbem-13191	114	8	rule	rule	NOUN
fbem-13191	114	9	changes	change	NOUN
fbem-13191	114	10	will	will	AUX
fbem-13191	114	11	occur	occur	VERB
fbem-13191	114	12	in	in	ADP
fbem-13191	114	13	the	the	DET
fbem-13191	114	14	convertible	convertible	ADJ
fbem-13191	114	15	bond	bond	NOUN
fbem-13191	114	16	market	market	NOUN
fbem-13191	114	17	in	in	ADP
fbem-13191	114	18	the	the	DET
fbem-13191	114	19	future	future	NOUN
fbem-13191	114	20	,	,	PUNCT
fbem-13191	114	21	as	as	ADV
fbem-13191	114	22	long	long	ADV
fbem-13191	114	23	as	as	SCONJ
fbem-13191	114	24	the	the	DET
fbem-13191	114	25	study	study	NOUN
fbem-13191	114	26	of	of	ADP
fbem-13191	114	27	its	its	PRON
fbem-13191	114	28	final	final	ADJ
fbem-13191	114	29	impact	impact	NOUN
fbem-13191	114	30	on	on	ADP
fbem-13191	114	31	the	the	DET
fbem-13191	114	32	bond	bond	NOUN
fbem-13191	114	33	value	value	NOUN
fbem-13191	114	34	and	and	CCONJ
fbem-13191	114	35	equity	equity	NOUN
fbem-13191	114	36	transfer	transfer	NOUN
fbem-13191	114	37	value	value	NOUN
fbem-13191	114	38	is	be	AUX
fbem-13191	114	39	clear	clear	ADJ
fbem-13191	114	40	,	,	PUNCT
fbem-13191	114	41	it	it	PRON
fbem-13191	114	42	can	can	AUX
fbem-13191	114	43	help	help	VERB
fbem-13191	114	44	market	market	NOUN
fbem-13191	114	45	participants	participant	NOUN
fbem-13191	114	46	judge	judge	VERB
fbem-13191	114	47	the	the	DET
fbem-13191	114	48	real	real	ADJ
fbem-13191	114	49	value	value	NOUN
fbem-13191	114	50	of	of	ADP
fbem-13191	114	51	convertible	convertible	ADJ
fbem-13191	114	52	bonds	bond	NOUN
fbem-13191	114	53	,	,	PUNCT
fbem-13191	114	54	and	and	CCONJ
fbem-13191	114	55	more	more	ADV
fbem-13191	114	56	convenient	convenient	ADJ
fbem-13191	114	57	for	for	SCONJ
fbem-13191	114	58	market	market	NOUN
fbem-13191	114	59	participants	participant	NOUN
fbem-13191	114	60	to	to	PART
fbem-13191	114	61	make	make	VERB
fbem-13191	114	62	decisions	decision	NOUN
fbem-13191	114	63	.	.	PUNCT
fbem-13191	115	1	thus	thus	ADV
fbem-13191	115	2	,	,	PUNCT
fbem-13191	115	3	an	an	DET
fbem-13191	115	4	abstract	abstract	ADJ
fbem-13191	115	5	formula	formula	NOUN
fbem-13191	115	6	is	be	AUX
fbem-13191	115	7	given	give	VERB
fbem-13191	115	8	to	to	PART
fbem-13191	115	9	measure	measure	VERB
fbem-13191	115	10	the	the	DET
fbem-13191	115	11	value	value	NOUN
fbem-13191	115	12	of	of	ADP
fbem-13191	115	13	a	a	DET
fbem-13191	115	14	convertible	convertible	ADJ
fbem-13191	115	15	bond	bond	NOUN
fbem-13191	115	16	:	:	PUNCT
fbem-13191	115	17	𝑆	𝑆	PROPN
fbem-13191	115	18	𝐴	𝐴	PROPN
fbem-13191	115	19	…	…	PUNCT
fbem-13191	115	20	∨	∨	PROPN
fbem-13191	115	21	𝐸	𝐸	PROPN
fbem-13191	115	22	…	…	NUM
fbem-13191	115	23	20	20	NUM
fbem-13191	115	24	s	s	NOUN
fbem-13191	115	25	represents	represent	VERB
fbem-13191	115	26	the	the	DET
fbem-13191	115	27	value	value	NOUN
fbem-13191	115	28	of	of	ADP
fbem-13191	115	29	the	the	DET
fbem-13191	115	30	convertible	convertible	ADJ
fbem-13191	115	31	bond	bond	NOUN
fbem-13191	115	32	,	,	PUNCT
fbem-13191	115	33	a	a	PRON
fbem-13191	115	34	…	…	PUNCT
fbem-13191	115	35	represents	represent	VERB
fbem-13191	115	36	the	the	DET
fbem-13191	115	37	various	various	ADJ
fbem-13191	115	38	possibilities	possibility	NOUN
fbem-13191	115	39	of	of	ADP
fbem-13191	115	40	its	its	PRON
fbem-13191	115	41	bond	bond	NOUN
fbem-13191	115	42	value	value	NOUN
fbem-13191	115	43	portion	portion	NOUN
fbem-13191	115	44	,	,	PUNCT
fbem-13191	115	45	and	and	CCONJ
fbem-13191	115	46	e	e	NOUN
fbem-13191	115	47	…	…	PUNCT
fbem-13191	115	48	represents	represent	VERB
fbem-13191	115	49	the	the	DET
fbem-13191	115	50	various	various	ADJ
fbem-13191	115	51	possibilities	possibility	NOUN
fbem-13191	115	52	of	of	ADP
fbem-13191	115	53	the	the	DET
fbem-13191	115	54	conversion	conversion	NOUN
fbem-13191	115	55	value	value	NOUN
fbem-13191	115	56	.	.	PUNCT
fbem-13191	116	1	3	3	X
fbem-13191	116	2	.	.	X
fbem-13191	116	3	conclusion	conclusion	NOUN
fbem-13191	116	4	through	through	ADP
fbem-13191	116	5	the	the	DET
fbem-13191	116	6	summary	summary	NOUN
fbem-13191	116	7	of	of	ADP
fbem-13191	116	8	the	the	DET
fbem-13191	116	9	rules	rule	NOUN
fbem-13191	116	10	of	of	ADP
fbem-13191	116	11	convertible	convertible	ADJ
fbem-13191	116	12	bonds	bond	NOUN
fbem-13191	116	13	and	and	CCONJ
fbem-13191	116	14	empirical	empirical	ADJ
fbem-13191	116	15	research	research	NOUN
fbem-13191	116	16	,	,	PUNCT
fbem-13191	116	17	this	this	DET
fbem-13191	116	18	study	study	NOUN
fbem-13191	116	19	takes	take	VERB
fbem-13191	116	20	value	value	NOUN
fbem-13191	116	21	investment	investment	NOUN
fbem-13191	116	22	as	as	ADP
fbem-13191	116	23	the	the	DET
fbem-13191	116	24	guidance	guidance	NOUN
fbem-13191	116	25	and	and	CCONJ
fbem-13191	116	26	deduces	deduce	VERB
fbem-13191	116	27	a	a	DET
fbem-13191	116	28	new	new	ADJ
fbem-13191	116	29	pricing	pricing	NOUN
fbem-13191	116	30	model	model	NOUN
fbem-13191	116	31	of	of	ADP
fbem-13191	116	32	convertible	convertible	ADJ
fbem-13191	116	33	bonds	bond	NOUN
fbem-13191	116	34	according	accord	VERB
fbem-13191	116	35	to	to	ADP
fbem-13191	116	36	the	the	DET
fbem-13191	116	37	discount	discount	NOUN
fbem-13191	116	38	formula	formula	NOUN
fbem-13191	116	39	of	of	ADP
fbem-13191	116	40	future	future	ADJ
fbem-13191	116	41	cash	cash	NOUN
fbem-13191	116	42	flow	flow	NOUN
fbem-13191	116	43	,	,	PUNCT
fbem-13191	116	44	which	which	PRON
fbem-13191	116	45	is	be	AUX
fbem-13191	116	46	different	different	ADJ
fbem-13191	116	47	from	from	ADP
fbem-13191	116	48	most	most	ADJ
fbem-13191	116	49	studies	study	NOUN
fbem-13191	116	50	.	.	PUNCT
fbem-13191	117	1	the	the	DET
fbem-13191	117	2	paper	paper	NOUN
fbem-13191	117	3	analyzes	analyze	VERB
fbem-13191	117	4	and	and	CCONJ
fbem-13191	117	5	summarizes	summarize	VERB
fbem-13191	117	6	the	the	DET
fbem-13191	117	7	value	value	NOUN
fbem-13191	117	8	of	of	ADP
fbem-13191	117	9	option	option	NOUN
fbem-13191	117	10	,	,	PUNCT
fbem-13191	117	11	and	and	CCONJ
fbem-13191	117	12	creatively	creatively	ADV
fbem-13191	117	13	puts	put	VERB
fbem-13191	117	14	forward	forward	ADP
fbem-13191	117	15	two	two	NUM
fbem-13191	117	16	kinds	kind	NOUN
fbem-13191	117	17	of	of	ADP
fbem-13191	117	18	option	option	NOUN
fbem-13191	117	19	forms	form	NOUN
fbem-13191	117	20	:	:	PUNCT
fbem-13191	117	21	the	the	DET
fbem-13191	117	22	option	option	NOUN
fbem-13191	117	23	that	that	PRON
fbem-13191	117	24	reaches	reach	VERB
fbem-13191	117	25	the	the	DET
fbem-13191	117	26	conditional	conditional	ADJ
fbem-13191	117	27	call	call	NOUN
fbem-13191	117	28	price	price	NOUN
fbem-13191	117	29	and	and	CCONJ
fbem-13191	117	30	the	the	DET
fbem-13191	117	31	option	option	NOUN
fbem-13191	117	32	that	that	PRON
fbem-13191	117	33	exceeds	exceed	VERB
fbem-13191	117	34	the	the	DET
fbem-13191	117	35	conditional	conditional	ADJ
fbem-13191	117	36	call	call	NOUN
fbem-13191	117	37	price	price	NOUN
fbem-13191	117	38	.	.	PUNCT
fbem-13191	118	1	finally	finally	ADV
fbem-13191	118	2	,	,	PUNCT
fbem-13191	118	3	the	the	DET
fbem-13191	118	4	models	model	NOUN
fbem-13191	118	5	that	that	PRON
fbem-13191	118	6	can	can	AUX
fbem-13191	118	7	be	be	AUX
fbem-13191	118	8	used	use	VERB
fbem-13191	118	9	to	to	PART
fbem-13191	118	10	calculate	calculate	VERB
fbem-13191	118	11	the	the	DET
fbem-13191	118	12	price	price	NOUN
fbem-13191	118	13	of	of	ADP
fbem-13191	118	14	convertible	convertible	ADJ
fbem-13191	118	15	bonds	bond	NOUN
fbem-13191	118	16	under	under	ADP
fbem-13191	118	17	various	various	ADJ
fbem-13191	118	18	conditions	condition	NOUN
fbem-13191	118	19	are	be	AUX
fbem-13191	118	20	obtained	obtain	VERB
fbem-13191	118	21	:	:	PUNCT
fbem-13191	118	22	𝑃	𝑃	VERB
fbem-13191	118	23	𝑣	𝑣	DET
fbem-13191	118	24	∨	∨	X
fbem-13191	118	25	𝑅	𝑅	PROPN
fbem-13191	118	26	∗	∗	NOUN
fbem-13191	118	27	𝑣	𝑣	ADP
fbem-13191	118	28	∨	∨	PROPN
fbem-13191	118	29	𝑅	𝑅	PROPN
fbem-13191	118	30	∗	∗	X
fbem-13191	118	31	𝑉	𝑉	PROPN
fbem-13191	118	32	∨	∨	NOUN
fbem-13191	118	33	𝑣	𝑣	ADP
fbem-13191	118	34	∨	∨	NUM
fbem-13191	118	35	𝐵	𝐵	NOUN
fbem-13191	118	36	𝑂	𝑂	NOUN
fbem-13191	118	37	(	(	PUNCT
fbem-13191	118	38	21	21	NUM
fbem-13191	118	39	)	)	PUNCT
fbem-13191	118	40	this	this	PRON
fbem-13191	118	41	is	be	AUX
fbem-13191	118	42	a	a	DET
fbem-13191	118	43	combination	combination	NOUN
fbem-13191	118	44	of	of	ADP
fbem-13191	118	45	strategy	strategy	NOUN
fbem-13191	118	46	research	research	NOUN
fbem-13191	118	47	and	and	CCONJ
fbem-13191	118	48	pricing	pricing	NOUN
fbem-13191	118	49	research	research	NOUN
fbem-13191	118	50	on	on	ADP
fbem-13191	118	51	convertible	convertible	ADJ
fbem-13191	118	52	bonds	bond	NOUN
fbem-13191	118	53	.	.	PUNCT
fbem-13191	119	1	it	it	PRON
fbem-13191	119	2	is	be	AUX
fbem-13191	119	3	also	also	ADV
fbem-13191	119	4	the	the	DET
fbem-13191	119	5	further	further	ADJ
fbem-13191	119	6	study	study	NOUN
fbem-13191	119	7	of	of	ADP
fbem-13191	119	8	convertible	convertible	ADJ
fbem-13191	119	9	bond	bond	NOUN
fbem-13191	119	10	option	option	NOUN
fbem-13191	119	11	.	.	PUNCT
fbem-13191	120	1	while	while	SCONJ
fbem-13191	120	2	it	it	PRON
fbem-13191	120	3	may	may	AUX
fbem-13191	120	4	have	have	VERB
fbem-13191	120	5	some	some	DET
fbem-13191	120	6	significance	significance	NOUN
fbem-13191	120	7	for	for	ADP
fbem-13191	120	8	academic	academic	ADJ
fbem-13191	120	9	development	development	NOUN
fbem-13191	120	10	,	,	PUNCT
fbem-13191	120	11	it	it	PRON
fbem-13191	120	12	can	can	AUX
fbem-13191	120	13	also	also	ADV
fbem-13191	120	14	help	help	VERB
fbem-13191	120	15	participants	participant	NOUN
fbem-13191	120	16	in	in	ADP
fbem-13191	120	17	the	the	DET
fbem-13191	120	18	convertible	convertible	ADJ
fbem-13191	120	19	bond	bond	NOUN
fbem-13191	120	20	market	market	NOUN
fbem-13191	120	21	better	well	ADV
fbem-13191	120	22	understand	understand	VERB
fbem-13191	120	23	and	and	CCONJ
fbem-13191	120	24	participate	participate	VERB
fbem-13191	120	25	in	in	ADP
fbem-13191	120	26	the	the	DET
fbem-13191	120	27	convertible	convertible	ADJ
fbem-13191	120	28	bond	bond	NOUN
fbem-13191	120	29	market	market	NOUN
fbem-13191	120	30	.	.	PUNCT
fbem-13191	121	1	the	the	DET
fbem-13191	121	2	advantage	advantage	NOUN
fbem-13191	121	3	of	of	ADP
fbem-13191	121	4	this	this	DET
fbem-13191	121	5	model	model	NOUN
fbem-13191	121	6	is	be	AUX
fbem-13191	121	7	that	that	SCONJ
fbem-13191	121	8	it	it	PRON
fbem-13191	121	9	can	can	AUX
fbem-13191	121	10	estimate	estimate	VERB
fbem-13191	121	11	the	the	DET
fbem-13191	121	12	value	value	NOUN
fbem-13191	121	13	of	of	ADP
fbem-13191	121	14	convertible	convertible	ADJ
fbem-13191	121	15	bonds	bond	NOUN
fbem-13191	121	16	well	well	ADV
fbem-13191	121	17	according	accord	VERB
fbem-13191	121	18	to	to	ADP
fbem-13191	121	19	various	various	ADJ
fbem-13191	121	20	specific	specific	ADJ
fbem-13191	121	21	changes	change	NOUN
fbem-13191	121	22	in	in	ADP
fbem-13191	121	23	the	the	DET
fbem-13191	121	24	actual	actual	ADJ
fbem-13191	121	25	situation	situation	NOUN
fbem-13191	121	26	.	.	PUNCT
fbem-13191	122	1	at	at	ADP
fbem-13191	122	2	the	the	DET
fbem-13191	122	3	same	same	ADJ
fbem-13191	122	4	time	time	NOUN
fbem-13191	122	5	,	,	PUNCT
fbem-13191	122	6	this	this	DET
fbem-13191	122	7	model	model	NOUN
fbem-13191	122	8	also	also	ADV
fbem-13191	122	9	has	have	VERB
fbem-13191	122	10	a	a	DET
fbem-13191	122	11	difficult	difficult	ADJ
fbem-13191	122	12	problem	problem	NOUN
fbem-13191	122	13	to	to	PART
fbem-13191	122	14	solve	solve	VERB
fbem-13191	122	15	.	.	PUNCT
fbem-13191	123	1	that	that	PRON
fbem-13191	123	2	is	is	ADV
fbem-13191	123	3	,	,	PUNCT
fbem-13191	123	4	the	the	DET
fbem-13191	123	5	calculation	calculation	NOUN
fbem-13191	123	6	of	of	ADP
fbem-13191	123	7	this	this	DET
fbem-13191	123	8	model	model	NOUN
fbem-13191	123	9	requires	require	VERB
fbem-13191	123	10	users	user	NOUN
fbem-13191	123	11	to	to	PART
fbem-13191	123	12	have	have	VERB
fbem-13191	123	13	some	some	DET
fbem-13191	123	14	experience	experience	NOUN
fbem-13191	123	15	in	in	ADP
fbem-13191	123	16	convertible	convertible	ADJ
fbem-13191	123	17	bonds	bond	NOUN
fbem-13191	123	18	.	.	PUNCT
fbem-13191	124	1	for	for	ADP
fbem-13191	124	2	example	example	NOUN
fbem-13191	124	3	,	,	PUNCT
fbem-13191	124	4	the	the	DET
fbem-13191	124	5	discount	discount	NOUN
fbem-13191	124	6	rate	rate	NOUN
fbem-13191	124	7	r	r	NOUN
fbem-13191	124	8	,	,	PUNCT
fbem-13191	124	9	the	the	DET
fbem-13191	124	10	time	time	NOUN
fbem-13191	124	11	to	to	PART
fbem-13191	124	12	reach	reach	VERB
fbem-13191	124	13	the	the	DET
fbem-13191	124	14	redemption	redemption	NOUN
fbem-13191	124	15	price	price	NOUN
fbem-13191	124	16	n	n	NOUN
fbem-13191	124	17	and	and	CCONJ
fbem-13191	124	18	the	the	DET
fbem-13191	124	19	probability	probability	NOUN
fbem-13191	124	20	of	of	ADP
fbem-13191	124	21	various	various	ADJ
fbem-13191	124	22	situations	situation	NOUN
fbem-13191	124	23	r	r	NOUN
fbem-13191	124	24	need	need	VERB
fbem-13191	124	25	to	to	PART
fbem-13191	124	26	be	be	AUX
fbem-13191	124	27	judged	judge	VERB
fbem-13191	124	28	by	by	ADP
fbem-13191	124	29	investors	investor	NOUN
fbem-13191	124	30	.	.	PUNCT
fbem-13191	125	1	84	84	NUM
fbem-13191	125	2	references	reference	NOUN
fbem-13191	125	3	[	[	X
fbem-13191	125	4	1	1	NUM
fbem-13191	125	5	]	]	X
fbem-13191	125	6	zheng	zheng	PROPN
fbem-13191	125	7	,	,	PUNCT
fbem-13191	125	8	z.	z.	PROPN
fbem-13191	125	9	,	,	PUNCT
fbem-13191	125	10	lin	lin	PROPN
fbem-13191	125	11	,	,	PUNCT
fbem-13191	125	12	h.	h.	PROPN
fbem-13191	125	13	(	(	PUNCT
fbem-13191	125	14	2004	2004	NUM
fbem-13191	125	15	)	)	PUNCT
fbem-13191	125	16	research	research	NOUN
fbem-13191	125	17	on	on	ADP
fbem-13191	125	18	the	the	DET
fbem-13191	125	19	pricing	pricing	NOUN
fbem-13191	125	20	of	of	ADP
fbem-13191	125	21	convertible	convertible	ADJ
fbem-13191	125	22	bonds	bond	NOUN
fbem-13191	125	23	in	in	ADP
fbem-13191	125	24	china	china	PROPN
fbem-13191	125	25	.	.	PUNCT
fbem-13191	126	1	journal	journal	PROPN
fbem-13191	126	2	of	of	ADP
fbem-13191	126	3	xiamen	xiamen	PROPN
fbem-13191	126	4	university	university	PROPN
fbem-13191	126	5	(	(	PUNCT
fbem-13191	126	6	philosophy	philosophy	NOUN
fbem-13191	126	7	and	and	CCONJ
fbem-13191	126	8	social	social	ADJ
fbem-13191	126	9	sciences	science	NOUN
fbem-13191	126	10	edition	edition	NOUN
fbem-13191	126	11	)	)	PUNCT
fbem-13191	126	12	.	.	PUNCT
fbem-13191	127	1	,	,	PUNCT
fbem-13191	127	2	02:93	02:93	NUM
fbem-13191	127	3	-	-	SYM
fbem-13191	127	4	99	99	NUM
fbem-13191	127	5	.	.	PUNCT
fbem-13191	128	1	[	[	X
fbem-13191	128	2	2	2	NUM
fbem-13191	128	3	]	]	X
fbem-13191	128	4	black	black	NOUN
fbem-13191	128	5	,	,	PUNCT
fbem-13191	128	6	f.	f.	PROPN
fbem-13191	128	7	,	,	PUNCT
fbem-13191	128	8	scholes	schole	NOUN
fbem-13191	128	9	,	,	PUNCT
fbem-13191	128	10	m.	m.	NOUN
fbem-13191	128	11	(	(	PUNCT
fbem-13191	128	12	1973	1973	NUM
fbem-13191	128	13	)	)	PUNCT
fbem-13191	128	14	.	.	PUNCT
fbem-13191	129	1	the	the	DET
fbem-13191	129	2	pricing	pricing	NOUN
fbem-13191	129	3	of	of	ADP
fbem-13191	129	4	options	option	NOUN
fbem-13191	129	5	and	and	CCONJ
fbem-13191	129	6	corporate	corporate	ADJ
fbem-13191	129	7	liabilities	liability	NOUN
fbem-13191	129	8	.	.	PUNCT
fbem-13191	130	1	journal	journal	NOUN
fbem-13191	130	2	of	of	ADP
fbem-13191	130	3	political	political	ADJ
fbem-13191	130	4	economy	economy	NOUN
fbem-13191	130	5	.	.	PUNCT
fbem-13191	130	6	,	,	PUNCT
fbem-13191	130	7	81(3	81(3	NUM
fbem-13191	130	8	):	):	PUNCT
fbem-13191	130	9	637654	637654	NUM
fbem-13191	130	10	.	.	PUNCT
fbem-13191	131	1	[	[	X
fbem-13191	131	2	3	3	NUM
fbem-13191	131	3	]	]	X
fbem-13191	131	4	jiang	jiang	PROPN
fbem-13191	131	5	,	,	PUNCT
fbem-13191	131	6	d.	d.	PROPN
fbem-13191	131	7	,	,	PUNCT
fbem-13191	131	8	zhang	zhang	PROPN
fbem-13191	131	9	,	,	PUNCT
fbem-13191	131	10	x.	x.	NOUN
fbem-13191	131	11	(	(	PUNCT
fbem-13191	131	12	2002	2002	NUM
fbem-13191	131	13	)	)	PUNCT
fbem-13191	131	14	research	research	NOUN
fbem-13191	131	15	on	on	ADP
fbem-13191	131	16	pricing	pricing	NOUN
fbem-13191	131	17	of	of	ADP
fbem-13191	131	18	convertible	convertible	ADJ
fbem-13191	131	19	corporate	corporate	ADJ
fbem-13191	131	20	bonds	bond	NOUN
fbem-13191	131	21	.	.	PUNCT
fbem-13191	132	1	international	international	ADJ
fbem-13191	132	2	finance	finance	NOUN
fbem-13191	132	3	research	research	NOUN
fbem-13191	132	4	.	.	PUNCT
fbem-13191	132	5	,	,	PUNCT
fbem-13191	132	6	04:16	04:16	NUM
fbem-13191	132	7	-	-	SYM
fbem-13191	132	8	22	22	NUM
fbem-13191	132	9	.	.	PUNCT
fbem-13191	133	1	[	[	X
fbem-13191	133	2	4	4	NUM
fbem-13191	133	3	]	]	X
fbem-13191	133	4	zhang	zhang	PROPN
fbem-13191	133	5	,	,	PUNCT
fbem-13191	133	6	w.	w.	PROPN
fbem-13191	133	7	,	,	PUNCT
fbem-13191	133	8	shi	shi	PROPN
fbem-13191	133	9	,	,	PUNCT
fbem-13191	133	10	q.	q.	PROPN
fbem-13191	133	11	,	,	PUNCT
fbem-13191	133	12	xu	xu	PROPN
fbem-13191	133	13	,	,	PUNCT
fbem-13191	133	14	w.	w.	PROPN
fbem-13191	133	15	(	(	PUNCT
fbem-13191	133	16	2011	2011	NUM
fbem-13191	133	17	)	)	PUNCT
fbem-13191	133	18	research	research	NOUN
fbem-13191	133	19	on	on	ADP
fbem-13191	133	20	convertible	convertible	ADJ
fbem-13191	133	21	bond	bond	NOUN
fbem-13191	133	22	pricing	pricing	NOUN
fbem-13191	133	23	based	base	VERB
fbem-13191	133	24	on	on	ADP
fbem-13191	133	25	full	full	ADJ
fbem-13191	133	26	least	least	ADJ
fbem-13191	133	27	squares	square	NOUN
fbem-13191	133	28	quasi	quasi	ADJ
fbem-13191	133	29	-	-	ADJ
fbem-13191	133	30	monte	monte	ADJ
fbem-13191	133	31	carlo	carlo	NOUN
fbem-13191	133	32	method	method	NOUN
fbem-13191	133	33	.	.	PUNCT
fbem-13191	134	1	management	management	NOUN
fbem-13191	134	2	science	science	NOUN
fbem-13191	134	3	.	.	PUNCT
fbem-13191	134	4	,	,	PUNCT
fbem-13191	134	5	01:82	01:82	NUM
fbem-13191	134	6	-	-	SYM
fbem-13191	134	7	89	89	NUM
fbem-13191	134	8	.	.	PUNCT
fbem-13191	135	1	[	[	X
fbem-13191	135	2	5	5	NUM
fbem-13191	135	3	]	]	X
fbem-13191	135	4	zheng	zheng	PROPN
fbem-13191	135	5	,	,	PUNCT
fbem-13191	135	6	z.	z.	PROPN
fbem-13191	135	7	,	,	PUNCT
fbem-13191	135	8	lin	lin	PROPN
fbem-13191	135	9	,	,	PUNCT
fbem-13191	135	10	h.	h.	PROPN
fbem-13191	135	11	(	(	PUNCT
fbem-13191	135	12	2004	2004	NUM
fbem-13191	135	13	)	)	PUNCT
fbem-13191	135	14	.	.	PUNCT
fbem-13191	136	1	optimal	optimal	ADJ
fbem-13191	136	2	decision	decision	NOUN
fbem-13191	136	3	making	making	NOUN
fbem-13191	136	4	of	of	ADP
fbem-13191	136	5	convertible	convertible	ADJ
fbem-13191	136	6	bond	bond	NOUN
fbem-13191	136	7	issuing	issue	VERB
fbem-13191	136	8	companies	company	NOUN
fbem-13191	136	9	.	.	PUNCT
fbem-13191	137	1	research	research	NOUN
fbem-13191	137	2	on	on	ADP
fbem-13191	137	3	financial	financial	ADJ
fbem-13191	137	4	issues	issue	NOUN
fbem-13191	137	5	.	.	PUNCT
fbem-13191	137	6	,	,	PUNCT
fbem-13191	137	7	11:35	11:35	NUM
fbem-13191	137	8	-	-	SYM
fbem-13191	137	9	39	39	NUM
fbem-13191	137	10	.	.	PUNCT