Examlex
The conversion feature of a bond permits a:
Demand Curve
A graph showing the relationship between the price of a good or service and the quantity demanded, typically downward-sloping.
Consumers' Incomes
The total amount of income earned by consumers, influencing their ability to purchase goods and services.
Normal Good
A type of good for which demand increases as the income of the consumer increases, indicating a direct relationship between income and demand.
Yield to Call
The return an investor would receive if a callable bond is held until the issuer exercises their option to redeem it before its maturity date.
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