Why do companies like to issue convertible securities, Financial Accounting

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Why do companies like to issue convertible securities

Response to the following questions:

1. Why do companies like to issue convertible securities? What's in it for them?

2. Describe LYONs, and note how they differ from conventional convertible securities. Are there any similarities between LYONs and conventional convertibles? Explain.

If possible, please give examples to better understand your answers.

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Financial Accounting: Why do companies like to issue convertible securities

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Financial Accounting: Why do companies like to issue convertible securities

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