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Dividend Enhanced Convertible Stock - DECS

外汇网2021-06-19 16:13:28 40
Preferred stock that provides the holder with pmium pidends in addition to an embedded short put option and a long call on the issuing company's stock.

Taobiz explains Dividend Enhanced Convertible Stock - DECS

Dividend enhanced convertible stocks provide the holder with the right to convert the security into the underlying company's common stock.

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