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Question 5 (3 points) Investors like convertible bonds because: they are much safer than nonconvertible bonds they have the safety of bonds with the potential
Question 5 (3 points) Investors like convertible bonds because: they are much safer than nonconvertible bonds they have the safety of bonds with the potential for high returns due to the possible appreciation in the market value of the company's stock the returns on convertible stock will always be higher than what an investor could get by just buying the company's stock directly Othey pay higher interest than nonconvertible bonds Question 6 (3 points) Which of the following accurately describes the accounting treatment for an operating lease! the present value of the lease payments go on the balance sheet as a right of use asset and a right of use liability both depreciation expense and interest expense go on the income statement nothing goes on the balance sheet
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