Senior Financial Analyst Murray Kingston-companies need to decide which method of financing recommend CFO. Recent discoveries of gold firms and sulfur reserves created a need for $ 500 million in operating cash flow. Because of the low credit rating of the company and the high cost of borrowing, senior management has limited funding of elections or the ordinary shares or convertible bonds. Zero-coupon convertible considered LYON (liquid-yield option notes). Before recommending to grant Lyon, an analyst wants to fully understand the details of these employees, zero coupon, caused computable convertible bonds.
This Darden study. "Hide
by Kenneth Eades Source: Darden School of Business 21 pages. Publication Date: November 14, 1995. Prod. #: UV0610-PDF-ENG