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Conversion Price
The price per share at which a convertible security, such as convertible bonds or preferred shares, can be converted into common stock.
Semi-Annually
A term indicating something that happens twice a year or every six months.
Straight Bond Value
The value of a bond that does not have any embedded options, calculated by considering its coupons and principal repayment, discounting back at an appropriate yield rate.
Black-Scholes Formula
A mathematical model used to estimate the price of European-style options, considering factors like the asset's price, time, volatility, and risk-free rate.
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