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What is convertible debenture? What is its effect on EPS?
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Answer Posted / lakshman001
Those debentures which can be converted into equity shares
after a certain period are known as convertible debentures.
As the debentures are converted into equity, the no. of out
standing shares increase and thus the EPS gets reduced.
| Is This Answer Correct ? | 8 Yes | 3 No |
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