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According to the above figure, the average propensity to save (APS) is zero at point
Conversion Ratio
The specific number of shares of stock that a holder can convert a convertible security into.
Market Conversion Value
The worth of a convertible security if it were to be converted into shares of the underlying stock, typically at the current market price of the shares.
Par Value
The nominal or face value of a bond, stock, or other financial instrument, serving as a reference point for its worth.
Current Market Price
The price at which an asset or security can currently be bought or sold in the market.
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