Examlex
Experienced project managers recognize the need to build relationships before they need them. Why is this important?
Conversion Ratio
The conversion ratio is a key metric in finance that indicates the number of shares of stock a holder can obtain by converting a convertible security, such as a convertible bond or convertible preference shares, into common stock.
Convertible Bond
A 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.
Shares
Units of ownership interest in a corporation or financial asset that provide a proportion of the corporation's profits.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all interest payments and the repayment of principal.
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