16. a. What is a convertible note? (Be sure to include a conversion ratio and conversion price...

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16.

a. What is a convertible note? (Be sure to include a conversion ratio and conversion price in your answer.)

b. How do conversion terms typically differ when the issuer of convertible notes is a mature company versus a startup company?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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