From the Firm's Point-Of-View, the Issuance of Convertible Bonds Has

question 54

Multiple Choice

From the firm's point-of-view, the issuance of convertible bonds has all of the following advantages EXCEPT

• A) a temporary source of cheap funds.
• B) tax-deductible interest payments.
• C) the deferred sale of common stock.
• D) upon conversion, an increase in financial leverage.

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Definitions:

References

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Behavioral Description Interviews

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