The Seahorse Power Company Was Founded in 2003 to Develop

question 37

Multiple Choice

The Seahorse Power Company was founded in 2003 to develop, manufacture, and sell innovative energy-efficient products. The company's flagship product is the

• A) Segway.
• B) Green Electric Generator.
• C) Big Belly Solar Compactor.
• D) StarRotor Engine.

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Definitions:

Conversion Ratio

In finance, it is the number of shares a holder can obtain by converting a convertible security into common stock.

Market Conversion Value

The value of a convertible security if it is converted into a specified number of shares of common stock, based on the current market price.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which does not necessarily reflect its market value.

Credit Default Swap

A financial derivative allowing an investor to "swap" or offset the risk of credit loss from the default of a borrower.