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One of the best ways to play a turbulent stock market is by investing in convertibles. Convertible securities are preferred stocks or bonds which are exchangeable into a company’s common shares at some predetermined fixed rate. They have the potential to enhance portfolio returns while reducing the risk. Convertible securities play an important role in investment strategies with the global convertible market currently being estimated in excess of $400 billion.

This volume was originally published as The Irwin Yearbook of Convertible Securities, and this edition updates and expands the statistical and performance data of stocks, shares and bonds and includes...

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