Essay
Simplify the expression. (Assume that r, s, and t are positive.) 
Comprehend the mechanics and effects of bond conversion on company finances.
Learn the impact of bond issuance on company cash flows and ownership control.
Understand the principles of valuing bonds and the relevance of market rate versus contract rate.
Identify the characteristics and implications of installment notes, including interest computation and principal repayment.
Definitions:
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