Q2A. In thinking about floating rate debt and fixed rate debt, how would you compare them with respect to how they behave when rates change and what that means for price risk versus rate risk.

Q2B. Describe what economic conditions (both now and might be expected in the future) that would lead a company to consider issuing debt with a call provision.

Q2C. Describe what economic conditions (both now and what might be expected in the future) that would lead a company to consider issuing debt with a conversion privilege.