Examlex
Which of these poets is usually credited with writing the Iliad and the Odyssey?
Zero-coupon Bonds
Bonds that do not offer interest payments but are sold at a deep discount to their face value, maturing at par.
Conversion Premium
The additional cost above the market value of the underlying asset that an investor pays to own a convertible security, such as convertible bonds.
Convertible Bond
A financial instrument that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.
Par Value
This term denotes the officially stated value of a share of stock or bond, serving as a legal capital threshold that companies cannot issue stock below.
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