All of the following are advantages to the corporation of issuing convertibles except for which one?
A)Provides a low-cost financing alternative for large, high-quality companies.
B)Is used when the corporation believes its stock is undervalued.
C)Generally is lower cost than straight debt.
D)Provides access for small companies to the debt market.

Question

Quizplus · Accepted Answer

The Answer of All of the following are advantages to the corporation of issuing convertibles except for which one?
A)Provides a low-cost financing alternative for large, high-quality companies.
B)Is used when the corporation believes its stock is undervalued.
C)Generally is lower cost than straight debt.
D)Provides access for small companies to the debt market.

All of the Following Are Advantages to the Corporation of Issuing