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On what structure(s) is modular design based? Briefly define each of the structure types.
1. Sequence. The completion of steps in sequential order, one after another. One or more of the steps might represent a subprocess that contains additional logical structures.
2. Selection. The completion of one of two or more process steps based on the results of a test or condition.
3. Iteration. The completion of a process step that is repeated until a specific condition changes. An example of iteration is a process that continues to print paychecks until it reaches the end of the payroll file. Iteration also is called looping.Sequence, selection, and iteration structures can be combined in various ways to describe processing logic.
Conversion Premium
The extra amount a investor pays over the convertible security's current value to convert it into shares of stock.
Conversion Price
The conversion price is the predetermined price at which a convertible bond or preferred stock can be converted into common shares of the issuing company.
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.
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