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The Aleutian Low and the Azores High Are Types of

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The Aleutian low and the Azores high are types of

Grasp the principles of convertible securities including conversion value, conversion price, and conversion ratios.
Comprehend the mechanics and valuation of mortgage-backed securities, collateralized debt obligations, and credit default swaps.
Analyze the financial impact of convertible securities on a firm's earnings and share valuation.
Evaluate the implications of securitization for liquidity and investment choices.

Definitions:

Own-price Elasticity

a measure of how much the quantity demanded of a good or service changes in response to a change in its price.

Number of Substitutes

The quantity of alternative products or services that consumers can choose from in a market.

Absolute Value

A number’s distance from zero on the number line, without considering direction; always a positive value or zero.

Price Elasticity

A measure of how the quantity demanded of a good changes in response to a change in its price.

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