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betterway betterway
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7 years ago
Since the purchaser of a convertible security is given an opportunity to become a common stockholder, convertibles can normally be sold with higher interest rates than nonconvertibles.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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betterway Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
54321abs
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Just got PERFECT on my quiz
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this is exactly what I needed
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