If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stream from <u>convertible debentures.</u>
Convertible bonds have many positive attributes for investors, but the main drawback is that investors accept lower interest rates in exchange for these benefits.
Convertible debentures are fixed rate debentures that pay interest but can be converted into a specified number of ordinary shares or shares. Conversion of a bond into equity may occur at certain times during the life of the bond and is generally at the discretion of the bondholder.
Due to this logic, a convertible bond allows the issuer to indirectly sell its common stock at a price higher than its current price. From a buyer's perspective, convertible bonds are attractive because they offer the opportunity to capture the potentially high yields associated with equities, but also the security of bonds.
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Answer:
E
Explanation:
Internal secondary data is found inside a organization, while external secondary data is information collected and sotred by some person or organization outside the organization. A index raking report is made by some person outside the organization itself, and makes a report to be more objective.
Answer:
Ownership Utility
Explanation:
It is also known as possession utility, Ownership Utility involves the neatly and well ordered movement of goods and services from the sellers to the buyers.
