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Two years have passed and the world economy is slowly recovering after surviving through the pandemic for 2 years. World economies have been dipping into

Two years have passed and the world economy is slowly recovering after surviving through the pandemic for 2 years. World economies have been dipping into their reserves to finance the hardships caused by the pandemic. Company ABC, being in the biomedical field, has been doing well and now needs additional funds for expansion. It is considering whether to launch a rights issue or to issue a convertible bond. You have been engaged as a financial advisor for the company. Compare the differences between a convertible bond and a rights issue from the viewpoint of the company.

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