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Paralegal Megan is interviewing witness Will about a car accident he witnessed. Will seems nervous and uncomfortable.Megan should:
Convertible Bonds
Financial instruments that can be converted into a specified number of common stock shares at the discretion of the bondholder, usually at certain times during their life.
Control
The power to influence or direct people's behavior or the course of events.
Warrants
Financial instruments allowing the holder to choose to purchase or sell an asset at a predetermined price prior to a specified deadline, without being required to do so.
Call Options
Financial derivatives that give the holder the right, but not the obligation, to buy an asset at a specified price within a specific time frame.
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