To The Moon

April 18 (Reuters) - Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter.The companies have

Hello, friend!Let's start with the basic concepts of FCN.1.What is FCN?The exact nature of Fixed coupon notes (FCN) is often debated – some say it's a bond, others say it's a stock, and some classify it as a structured derivative. Today, we'll clarify it by using an example.Suppose the price of symbol stock is $100, and Jack wants to buy it when the price drops to $80. However, Jack's funds don't generate value while waiting for the stock to drop. If he invests in a current financial product, the returns are too low. So, Jack enters into a contract: he earns interest during the waiting period before symbol drops to $80. If the stock price reaches $80, Jack can use the funds to buy the stock. If the stock price rises instead, reaching $120, the contract terminates, and Jack still receives i