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What is the major product of the following reaction?
Convertible Bonds
Bonds that can be converted into a predetermined amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy an asset at a specified price within a predetermined period.
Conversion Ratio
The number of shares a bondholder can receive upon converting their bonds into equity shares.
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