Examlex
According to Michael LeBoeuf, what are the two things that customers buy?
Common Stock
The usual type of stock issued by a corporation, often with different rights compared to preferred stock.
Callable Bond
A type of bond that gives the issuer the right to pay off the debt before its maturity date under certain conditions, often at a defined call price.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual percentage.
Convertible Bond
a type of bond that can be converted into a predetermined amount of the issuer's equity, typically common stock, at certain times during its life, usually at the discretion of the bondholder.
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