Question: A common reason for issuing convertible bonds is to avoid paying dividends on common shares. to give the purchaser the option of buying preferred shares.

A common reason for issuing convertible bonds is
to avoid paying dividends on common shares.
to give the purchaser the option of buying preferred shares.
to reduce the debt-to-total assets ratio.
to obtain debt financing at cheaper rates.
A common reason for issuing convertible bonds is

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