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Solve the problem.
-A motorcycle and a car leave an intersection at the same time. The motorcycle heads north at an average speed of 20 miles per hour, while the car heads east at an average speed of 48 miles per hour. Find an expression for their distance apart in miles at the end of thours.
Strike Price
The predetermined price at which an option's underlying asset can be bought or sold.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during its life, usually at the discretion of the bondholder.
Coupon Rate
The annual coupon divided by the face value of a bond.
Conversion Ratio
The number of shares per bond received for conversion into stock.
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