Examlex
Compute , where
is the parallelogram with edges
, and
.
Conversion Ratio
The specific number of shares that can be obtained by converting a convertible security like a bond or preferred stock into common stock.
Convertible Bonds
A type of bond that can be converted into a predetermined number of shares of the issuing company's stock, at the holder's option.
Par Value
The face value of a bond or stock as stated by the issuer, often related to its redemption value or original stock value.
Collateralized Debt Obligation
A type of structured asset-backed security (ABS) with multiple tranches that can invest in different types of debt, including bonds and loans, which are grouped together.
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