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The proctors just offered me a position as a time-limit enforcer. I'm thinking about taking the job: if you mess with the buffalo, you'll get the horns...LITERALLY.

Key Vocab Terms to Know for the 65 Drill

  • 1.

    Which of the following bonds would you be least likely to recommend to an investor who doesn't want to take a lot of risk?

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  • 2.

    You purchased a convertible bond for 120 with a conversion ratio of 25. If the issuer's common stock is selling for $50 per share, when should you convert your bond?