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Case 4: Rite Aid Corporation Consider the 8.5% convertible notes due May 2015. Why do firms issue convertible notes? Why do investors buy such notes?
Case 4: Rite Aid Corporation
Consider the 8.5% convertible notes due May 2015. Why do firms issue convertible notes? Why do investors buy such notes? How would Rite Aid's balance sheet be affected if these notes were converted?
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