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The financial manager''s Dilemma: Risky vs. Risk free debentures. (Research Notes).

Publication: International Advances in Economic Research
Publication Date: 01-FEB-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: The financial manager''s Dilemma: Risky vs. Risk free debentures. (Research Notes).(Brief Article)

Article Excerpt
Monmouth University--U.S.A.

In order to finance a positive net present value project the financial manager grapples with whether or not to issue straight or convertible debt. With capital structure changes a firm might increase its value if there are either tax advantages or if the issuance of new security...

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