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H is a software designer who is working on a program that has a large potential market. H requires a large injection of funding to
H is a software designer who is working on a program that has a large potential
market. H requires a large injection of funding to complete the development and fund
the marketing of their program. They are considering offering convertible loan stock
to potential investors.
Explain the advantages and disadvantages to H of issuing convertible loan stock.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
