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A type of mandatory convertible which can be exchanged for common stock once the security reaches maturity. The common stock will have the market value equal to the principal of the equity contract note. If the holder of the equity contract note does not wish to receive the common stock it will be settled on behalf of the holder by the issuer of the note through a sale, with the holder receiving cash.

• Roth IRAs: Contributions, Withdrawals, Distributions etc.
• Currency Speculation
• Explanation of the Income Statement
• Treasury Bonds
• Municipal Bonds
• Yield, Duration and Ratings of Bonds

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