Question: ---------are financing tool that you can convert to equities (common stocks) in the future, with certain conditions a. Callable bonds Ob. Convertible common stocks Oc

---------are financing tool that you can convert" to equities (common stocks) in the future, with certain conditions a. Callable bonds Ob. Convertible common stocks Oc Convertible preferred stocks d. Convertible bonds Assume that on September 1, 2019, X issues a $41624.16, four-month, zero interest bearing note to Palestine Bank. X received 40624.16 cash. The discount on notes payable a. 1624 b. 4995 Oc 1000 O d. 15171

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