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.
2199why 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 8839How 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 4922Post New OGDCL Interview Questions
What is blob and text in mysql?
What are the chemical based procedures used in textile manufacturing?
What is the difference between throw and throw ex?
How to connect sql database in wpf application?
Why is it important to install patches on network systems?
What is the sign to start variables in PHP?
Explain how scala is both functional and object-oriented programming language?
I am surekha new commer for this site? I have some doubt's pls clarify it..... I finished my B.tech and S/w Testing Course Now iam searching for a job in Testing, I did not have any experience in real time projects. Any body can send me the sample Testcases,Srs,Matrix for Banking,ERP Projects etc.Here is my email id surekhai@yahoo.com
Why do we need thread pool?
Why filters are used in mvc?
What are you employed pip?
A netlike membranous complex of superposed flat saccules with vesicles detaching from the extremities seen in electronic microscopy. What is the observed structure? What is its biological function?
How will your qualification be helpful in banking?
Managed servers are running. What happens if admin server down?
Is excel a programming language?