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How do HMOs and PPOs differ from each other and from traditional health care providers?
Straight Bond Value
The present value of a bond's future interest payments plus the value of its principal, assuming it does not come with any special features like options.
Conversion Value
The monetary value of a convertible security if it were converted into shares of the underlying company at the current market price.
Convertible Bond
A bond which offers the option to be exchanged for a specific number of the issuing company's stock at certain periods throughout its duration, typically at the option of the person holding the bond.
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