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Which of the following is the usual business envelope size?
Nonconvertible Bonds
Bonds that cannot be converted into the issuing company's stock and must be repaid in cash at maturity.
Warrants
Derivative securities that provide the right, but not the obligation, to buy shares of a company at a specified price before the warrant expires.
Convertible Securities
Convertible securities are financial instruments, like bonds or preferred shares, that can be converted into a predetermined number of common stock or equity shares.
Call Options
Financial contracts that give the holder the right, but not the obligation, to buy an asset at a specified price within a specific time period.
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