question archive (b) While convertible securities have a well-documented list of advantages, critically evaluate the challenges for a company of making an issue of convertible bonds
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(b) While convertible securities have a well-documented list of advantages, critically evaluate the challenges for a company of making an issue of convertible bonds. (Total: 8 marks) (c) Briefly explain what is meant by the "gearing effect" of warrants. (Total: 5 marks)
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