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Define the following terms that relate to a convertible bond: conversion ratio, conversion value, and straight bond value.The term conversion ratio is the number of shares of common stock which would be acquired if a convertible bond were converted. The conversion value is the total value of the common stock which would be acquired. The straight bond is the value a adaptable bond would comprise without the conversion feature.
Types of Bonds 1. Secured Versus Unsecured Bonds 2. Senior versus Subordinate Bonds 3. Registered and Unregistered Bo
APPLICABILIYI OF THE OPERETING CYCLE
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