Examlex
List four of the major benefits of using macros.
Convertible Bond
A type of bond that allows bondholders the option to convert their debt into a predetermined number of shares of the issuing company.
Call Price
The price at which a bond or other financial security can be repurchased by the issuer before its maturity date, often higher than the face value to compensate investors.
Conversion Price
The predetermined price at which convertible securities like bonds or preferred stocks can be converted into a specific number of common shares.
Stockholder's Earnings
Also known as earnings available for shareholders, it's the portion of a company's profit allocated to each outstanding share of common stock.
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