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Convertibles

Securities, typically bonds or preferred shares, that can be converted into a predetermined number of common shares at the option of the holder.

Call Protection

An initial period during which a callable bond may not be called.

Conversion Feature

An option within certain bonds or preferred stocks that allows them to be converted into a predetermined amount of the issuer's common stock.

Dividend Yield

The annual dividend payments to shareholders expressed as a percentage of the stock's current price.

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