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shtirl [24]
3 years ago
13

Bell Ltd. is going out of business. It needs to pay off all its liabilities before it closes for good. It wants to convert some

debts to equity as then a need to pay those lenders would not arise. Which type of debt can be converted to equity?
Business
2 answers:
SIZIF [17.4K]3 years ago
7 0

Bonds should be the answer

bija089 [108]3 years ago
3 0
This is called "convertible debt", or "convertible bonds"

Convertible debt can be converted to equity, or a piece of ownership in the company. It's worth noting that Bell Ltd will need to inform any buyers of convertible debt that it plans to go out of business, since this is a major piece of information for any creditors or would-be shareholders.
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now we must discount the future values using the 10% discount rate:

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3 years ago
Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs are equal. Bond 8 has an 8%
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step by step Explanation:

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Answer:

Explanation:

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5 0
2 years ago
Round 8.35 to the nearest whole number
Lelechka [254]
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5 0
3 years ago
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