RatioConversionMechanism
Conversion Mechanism - Ratio#
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Sets forth inputs and conversion mechanism of a ratio conversion (primarily used to describe conversion from one stock class (e.g. Preferred) into another (e.g. Common)
Data Type: OCF TYPE
Properties:
Property | Type | Description | Required |
---|---|---|---|
type | Constant: RATIO_CONVERSION |
Scalar Constant | REQUIRED |
conversion_price | schema/types/Monetary | What is the effective conversion price per share of this stock class? | REQUIRED |
ratio | schema/types/Ratio | One share of this stock class converts into this many target stock class shares | REQUIRED |
rounding_type | Enum - Rounding Type Description: Enumeration of rounding typesONE OF: • CEILING • FLOOR • NORMAL |
How should fractional shares be rounded? | REQUIRED |
Source Code: schema/types/conversion_mechanisms/RatioConversionMechanism
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