Convertible Debentures can not be issued at a Discount if: [1]
A. they are to be immediately converted.
B. they are not to be immediately converted.
C. Both of the above
D. None of the above
Answer:C
Convertible Debentures can not be issued at a Discount if: [1]
A. they are to be immediately converted. B. they are not to be immediately converted. C. Both of the above D. None of the above