NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 28 Of 93
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Equity Ownership: Equity holders have residual claims after debt obligations.
Debt Priority: Debt holders have priority in liquidation, reducing risk.
Convertible Debentures: Convertible debentures offer debt-to-equity conversion options.
Zero Coupon Bonds: Zero coupon bonds pay no interest, sold at a discount.
Commodity Hedging: Commodities hedge against inflation and currency risks.
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