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It is important for Cattell's theory that
Conversion Price
Stating the conversion ratio along with the bond’s par value.
Fixed Number
A specific, unchanging quantity or value, often used in contexts requiring precise, constant measurements or counts.
Secured Bonds
Bonds that are backed by collateral, such as real estate or other assets, to reduce the risk of default to investors.
Bond Principal
The face value of a bond, or the amount of money the bond issuer will pay back to the bondholder at maturity.
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