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At the start of the Constitutional Convention of 1787,the delegates ruled that
Convertible Bond
A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.
Market Value-Weighted
An index strategy where each component of the index is weighted according to its market capitalization, reflecting the proportionate value it represents.
NYSE Composite
An index that measures the performance of all stocks listed on the New York Stock Exchange, offering a broad indicator of market trends.
S&P 500
An American stock market index based on the market capitalizations of 500 large companies listed on the NYSE or NASDAQ.
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