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betterway betterway
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7 years ago
Because a security is first sold with a conversion price above the current market price of a firm's stock, conversion is initially not attractive.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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betterway Author
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6 years ago
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