Examlex
The year-over-year growth rate of real GDP in the United States in the fourth quarter of 2012 was 1.5%. About how long will it take for the economy to double in size at this rate?
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.
Par Value
The face value of a bond or a stock, as stated by the issuing company.
Strike Price
The predetermined price at which an option can be exercised.
Time-to-Maturity
The remaining period until a financial instrument, such as a bond or loan, reaches its due date and must be repaid in full.
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