If convertible securities can be issued at a lower effective interest rate than long-term bonds, why would

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If convertible securities can be issued at a lower effective interest rate than long-term bonds, why would a company ever issue straight debt?

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:54 AM

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If convertible securities can be issued at a lower effective interest rate than long-term bonds, why would

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The company issues straight debt to avoid diluting the EPS and to gain the be...View the full answer

Fundamentals Of Financial Management

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