CONVERTIBLE BOND Definition

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CONVERTIBLE BOND is a bond that can be converted to other securities under certain conditions.

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RUPIE (RUPIEN) is a currency of German East Africa.

CAPITAL CHARGE is a monetary amount, calculated by multiplying the money the business has tied up in capital, by the weighted average cost of capital (WACC). Capital charge is deducted from net operating profit after tax to arrive at Economic Profit.

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