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Premium Adjustable Convertible Security (PEACS)

Love Machine
Premium Adjustable Convertible Security (PEACS)
Bond with a predetermined coupon yield with an option to convert to common stock at a given price. Also called hybrid security.

Recommended for you:

  1. Convertible Security
  2. Hybrid Security
  3. Conversion Premium
  4. Convertible Exchangeable Preferred Stock
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