Focuses on HCAs financing options to achieve their goal the capital structure. Options include new capital conversion of convertible debt, debt-for-equity swap, sale of assets, and fixed-rate debt. Students have to solve the problem of market timing and signaling in the choice of financing vehicles. "Hide
on W. Carl Kester Source: Harvard Business School 3 pages. Publication Date: January 21, 1983. Prod. #: 283054-PDF-ENG