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In some countries such as Chad, Gabon, and Senegal real GDP per person has been stagnant for many years.
Normally Distributed
A statistical distribution where data is symmetrically distributed around the mean, resembling the shape of a bell curve.
Straight Bond Value
The present value of future cash flows, such as interest payments and the return of principal, from a bond with no embedded options.
Convertible Bond
This bond offers the option to be exchanged for a set amount of the company's shares at various points during its term, often at the preference of the individual holding the bond.
Straight Bond Value
The value of a bond that pays fixed interest payments until maturity and repays the principal amount without any embedded options, traded purely on interest rate and credit quality.
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