Examlex
Most students who are blind receive the necessary training in daily living skills to live independently.
Exchange Ratio
The rate at which one asset or security can be exchanged for another in a merger, acquisition, or other financial transactions.
Warrant
A security that grants the holder the right to buy a company's stock at a specific price before a certain date.
Convertible Debentures
A type of bond that can be converted into a predetermined number of shares of the issuing company’s stock at certain times during its life, usually at the discretion of the bondholder.
Conversion Value
The monetary value of a convertible security (such as a convertible bond) if it were converted into a predetermined number of shares of common stock, generally at the discretion of the holder.
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