What circumstances justify including convertible debt as equity capital when computing return on share- holders equity?

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What circumstances justify including convertible debt as equity capital when computing return on share- holders’ equity?

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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Question Posted: Jan 22, 2015 10:29 AM

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What circumstances justify including convertible debt as equity capital when computing return on share- holders equity?

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When convertible debt sells at a substantial premium above par ...View the full answer

Financial Statement Analysis

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