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What is the difference between a continuous reinforcement schedule and a partial reinforcement schedule?
Par Value
The face value of a bond or stock, as stated by its issuer, which is the nominal value and does not necessarily reflect its market value.
Conversion Value
The value of a convertible security if it is converted into a specified number of shares of the issuing company.
Common Stock
Equity ownership in a corporation, with voting rights and the potential for dividends and capital appreciation.
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