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The outcome of the analysis phase is the:
Conversion Ratio
The specific number of shares an investor can receive for every convertible security if they decide to convert it into stock.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's shares, typically at the option of the holder.
Shares of Stock
Units of ownership interest in a corporation or financial asset, allowing the holder to a part of the corporation's profits.
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