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NZParity exists when two or more things are equal to each other. In finance, if two securities like a convertible bond and a stock have equal value, then the bondholder may choose to convert one into the other. This is known as parity.
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Parity exists when two or more things are equal to each other. In finance, if two securities like a convertible bond and a stock have equal value, then the bondholder may choose to convert one into the other. This is known as parity.
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