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What is wrong with the following "proof" that −3 = 3, using backward reasoning? Assume that −3 = 3. Squaring both sides yields
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An investment security that is guaranteed to return its full investment value (e.g., U.S. Treasury securities).
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The existing rate at which an asset or service can be sold or bought.
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A type of bond that can be converted into a predetermined number of shares of the issuing company's stock at certain times during its life, usually at the discretion of the bondholder.
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The predetermined price at which convertible securities (like convertible bonds or preferred shares) can be converted into the issuing company's common stock.
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