Examlex
What numerators are used in the computation of the following ratios?
Put Provision
A clause in a bond or other security that allows the holder to force the issuer to buy back the security before its maturity date.
Call Provision
A clause in a bond contract allowing the issuer to repay the bond before its maturity date under specific conditions.
Convertible Bond
A type of bond that the holder can convert into a specified number of shares of the issuing company, usually at predetermined times during its life.
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