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As a Voter,why Would or Wouldn't You Vote for a Referendum

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Essay

As a voter,why would or wouldn't you vote for a referendum calling for an increase in the minimum wage? What consequences would result from raising the minimum wage?


Definitions:

Exercise Price

The price at which the holder of an option can purchase (or sell) the underlying security, such as a stock.

Net Profit

The amount of money left over from revenues after all expenses have been deducted, representing the actual profit of a business.

Convertible Bond

A fixed-income debt security that the holder can convert into a specified number of shares of common stock in the issuing company.

Conversion Price

The dollar amount of a bond’s par value that is exchangeable for one share of stock.

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