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LYON |
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LYON Liquid Yield Option Note A convertible, callable, and putable zero-coupon bond. A LYON is a bond that is convertible to common stock and may be bought or sold as an option, but which does not pay interest. Because it pays no interest, it is issued at a considerable discount from par value of the bond. This guarantees a positive return to the investor, at least until such time as it becomes profitable for the investor to put the bond back to the issuing company for an amount over the issue price. Generally, the total return on a LYON is less than that of the company's common stock ? assuming the company does well. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Centre Hospitalier Lyon Sud, Lyon, France; and ([dagger]) Centre National de la Recherche Scientifique, Lyon, France Rep Group, Lyon, France, and Tung Yu Hydraulic Machinery, Taiwan, plus its affiliate, Tung Yu Hydraulic Industries, China, have signed an agreement where Rep Group becomes the exclusive sales and service agent for Tung Yu's range of rubber compression molding presses and peripheral equipment worldwide, except for Asia, Turkey and Russia. BIENNALE DE LA DANSE DE LYON SEPTEMBER 12-OCTOBER 3, 2004 VARIOUS VENUES, LYON, FRANCE |
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