Examlex
The price-yield curve is a concave curve representing the relationship of bond prices and yields.
Closing Price
The final price at which a security is traded on a given trading day, marking the last recorded trading price for that day.
Convertible Preferred Stock
Preferred shares that can be converted into a predetermined number of a company's common shares, usually at the shareholder's discretion.
Common Stock
A form of corporate equity ownership, a type of security that represents an ownership interest in a corporation, entitling the holder to a share of the company's profits.
Par Value
The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect its market value.
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