Convertible debentures cannot be issued at a discount if:
A. They are to be immediately converted;
B. They are not to be immediately converted,
C. None of the above
D. Both a and b
Answer:A
Convertible debentures cannot be issued at a discount if:
A. They are to be immediately converted; B. They are not to be immediately converted, C. None of the above D. Both a and b