Examlex
Which of the following terms means an instrument that is used to measure specific gravity?
Accrued Interest
The interest that has accumulated on a bond or loan since the last interest payment was made.
Conversion Premium
The additional amount that an investor pays over the current market price to convert a convertible security into a predetermined number of common shares.
Conversion Ratio
The specified number of shares that can be converted from a convertible security.
Current Market
The existing state of the market, including current prices, volumes, and trends, reflecting the most recent period of trading.
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