Examlex
Discuss the statement,"Writing a business plan is primarily an ongoing process and only secondarily the means to an outcome."
Convertible Bond
A type of bond that can be converted into a predetermined amount of the company's equity, usually at the discretion of the bondholder.
Market Conversion Value
The current market value of a convertible security if it were converted into the underlying shares of stock today.
Conversion Ratio
The conversion ratio is the number of shares an investor receives when converting a convertible security, such as a convertible bond or preferred stock, into common stock.
Bond Indenture
A legal contract detailing the terms and conditions under which a bond is issued, including the obligations of the issuer and the rights of the bondholders.
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