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Briefly discuss the two conflicting views of the role of unions in economics and society.
Conversion Ratio
The number of shares an investor receives upon converting a convertible security, like convertible bonds or preferred stock, into common stock.
Conversion Value
The worth of a convertible security if it were converted into the underlying stock at the current market price.
Convertible Bond
A type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value.
In The Money
A term referring to an option contract that has intrinsic value. For call options, this means the underlying asset price is above the strike price, and for put options, it means the underlying asset price is below the strike price.
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