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It is the number that tells how many common stocks (or preference stocks) will the bondholder receive at the time of conversion. It is usually constant over the life of the security and protect against losses caused by stock splits or large stock dividends.
Conversion ratio = Number of shares per bond if the bond is converted
4. In the front of each folder were some handwritten notes that Meenda had made on Monday before he left. Give focus on the said notes.
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