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单词 CONVERSION PRICE
释义

The price at which an investor holding a CONVERTIBLE BOND exchanges the bond for shares of COMMON STOCK, computed as: where ParCB is the PAR VALUE of the convertible bond and Convratio is the CONVERSION RATIO. See also CONVERSION PARITY, CONVERSION PREMIUM, CONVERSION VALUE.

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更新时间:2024/12/26 17:03:47