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A common reason for issuing convertible bonds is
a)to give the purchaser the option of buying preferred shares.
b)to obtain debt financing at cheaper rates.
c)to avoid paying dividends on common shares
. d)to reduce the debt-to-total assets ratio.
The three types of market risk are
| | | currency, interest rate, and liquidity risks. |
| | | interest rate, other price, and credit risks. |
| | | currency, interest rate, and other price risks. |
| | | liquidity, currency, and other price risks. |
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