NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 20 Of 93
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Price vs. Value: Equity price reflects market perception, while value is based on fundamentals.
Valuation Metrics: P/E, P/B, and dividend yield assess equity investment attractiveness.
Debt Terminology: Key terms include coupon rate, yield, and maturity.
Convertible Bonds: Convertible bonds can be converted into equity, offering flexibility.
Preference Shares: Preference shares provide fixed dividends with priority over equity.
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