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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Conversion Parity Price

Conversion Parity Price - a conversion parity price is the price a shareholder pays to a convertible security and then uses his right to exercise his conversion option... A convertible security is a preferred stock, bond or debenture that is changeable into a common stock by the shareholder. The conversion parity price is equal to the convertible, then divided by the conversion ratio. The conversion ratio are the number of shares that eh convertible can be converted into. Another name for a Conversion Parity price is Market Conversion Price. Although conversion parity price is the official name, Market Conversion Price is used more often.

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Definition of the Day Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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