Question: 3 - 1 4 . Companies often issue convertible debt or debt with attached warrants. a . What is convertible debt? b . What is

3-14. Companies often issue convertible debt or debt with attached warrants.
a. What is convertible debt?
b. What is debt issued with warrants? How does it differ from convertible debt?
c. Why do companies issue convertible debt?
d. How do we account for convertible debt?
e. What are the analysis implications of convertible debt?

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