Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.
2202why we take 4 to 20 mA as out put of every instrument like pressure transmittre ?why we cant take 0 to 20mA as output?
6 8853How can I remove/decrease TDS from sewage waste water? At the moment it is 900gm/l. What is recommended TDS level to dispose sewage water in sea?
2 4931Post New OGDCL Interview Questions
- OGDCL Civil Engineering Interview Questions (1)
- OGDCL Mechanical Engineering Interview Questions (1)
- OGDCL Electrical Engineering Interview Questions (1)
- OGDCL Chemical Engineering Interview Questions (3)
- OGDCL Instrumentation Interview Questions (2)
- OGDCL Industrial Management Interview Questions (1)
- OGDCL CompanyAffairs CS Interview Questions (1)
- OGDCL General Knowledge_Current Affairs Interview Questions (1)
What are the major data structures used in the hierarchical data model?
What is query cache in hibernate?
What is the use of empty tags <> ?
What are the vital features of sybase?
What is the concatenation operator in java?
How to deploy and debug Webparts in Sharepoint ?
What is a basic discription of a day of a nuclear physicist?
What are the challenges Of Distributed Applications?
What is sorting in sql?
what is automation testing process? What are the main steps invloved in it?
Explain what rare the types of jit and what is econo-jit?
How do I open a microsoft word document on my phone?
What backslash character will match whitespace?
Which of the following is true regarding the critical path? A. It should never be compressed. B. It allows for looping and branching. C. The critical path technique is the same as PERT. D. It's the duration of all tasks with zero float.
Explain what is encapsulation?
