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In a market system, how are decisions about how to allocate resources made?
Expiration Date
The predefined date after which an option or other financial contract becomes invalid and the right to exercise it ceases.
Conversion Premium
The additional amount above the par value that an investor pays to convert a convertible security (like a bond) into a predetermined number of shares of common stock.
Issuance
Issuance refers to the process of offering new or existing securities for sale to investors, typically as a means to raise capital for the issuer.
Conversion Price
The predetermined price at which convertible security can be exchanged for a specified number of another security, typically shares of common stock.
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