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Among American adults,the second most commonly abused type of drug,after marijuana,is
Straight Debt
A fixed-income security such as a bond, which pays a fixed interest rate and has a fixed maturity date, without any additional options or features.
Conversion Value
The value of a convertible security if it were to be converted into other securities (usually common stock) at the current market price.
Common Stock
Equity without priority for dividends or in bankruptcy.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy an asset at a predetermined price within a specific time frame.
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