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Kepler's 2nd Law of planetary motion states that
Conversion Value
In convertible securities, the value of the security if it were converted into a different form, such as from a bond to stock.
Straight Bond Value
The value of a bond that pays a fixed interest rate and does not have any embedded options or features.
European Option
A type of options contract that can only be exercised at the expiration date, not before.
Expiration Date
The date on which a contractual agreement, option, or financial instrument becomes invalid or requires renewal.
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