This kind of program could be like rehabilitation such as may be provided in a half-way house for people coming out of jail which is designed to help the ex-prisoners to stop the use of illicit drugs, improve socialization skills and find meaningful employment so they can get back on their feet again. Where I live in the province of BC in Canada, it is law that a person can not be barred from employment if his offence was not related to his/her work.
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Answer: Holders of convertible bonds can choose how many shares of stock to receive at conversion
Explanation:
A convertible bond is a debt security that yields the payment of interest, but can also be converted into equity shares or common stock that are predetermined.
The option that holders of convertible bonds can choose how many shares of stock to receive at conversion is wrong. This is because the number I shares that will be eventually converted will already have been fixed.
Answer: 1) consistency of the investment decision with corporate objectives
2) commitment to quality
3) corporate culture
4) business responsibilities to society and other external stakeholders.
Explanation: Qualitative factors are outcomes of decisions that can not be measured or quantified.
A company's project having a poor payback period and net present value may still go ahead with the project when it considers the consistency of the project with its corporate objectives; corporate culture; commitment to quality; its responsibilites to society.
