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Ming is getting undressed in her room when she notices a person standing outside her window, staring at her. Ming:
Convertible Bonds
Convertible bonds are fixed-income debt securities that the holder can convert into a specified number of common stock or equity shares of the issuing company.
Stock Price
The current market value of a publicly traded company's shares, reflecting investor perceptions of its future financial prospects.
Exercise Price
The price at which the holder of an option can buy (or sell) the underlying asset, as specified in the option contract.
Exchange Ratio
The rate at which one financial instrument or asset can be exchanged for another, often used in mergers and acquisitions to determine the amount of shares to be exchanged.
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