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The development of trusts destroyed
Convertible Preferred Stock
A type of preferred stock that holders can convert into a predetermined number of common stock shares, usually at any time after a pre-established date.
Book Value
The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.
Market Value
Market value refers to the present cost at which a service or asset is available for purchase or sale in a market.
Common Stock Option Warrants
Financial instruments that give the holder the right to purchase a company's common stock at a specified price within a certain time period.
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