Examlex
Which of the following is considered to be a "quality guru"?
Straight Bond Value
The value of a bond that pays fixed interest payments and does not have any additional features such as convertibility or callable options.
Conversion Value
The worth of a convertible security if it is converted into a different asset, usually common stock, at the current market price.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during the bond's life, usually at the discretion of the bondholder.
Common Stock
Equity ownership in a corporation, with voting rights and potential for dividends, representing a claim on part of the company’s earnings and assets.
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