The Lion Corp.(LC) issues a 30 year callable bond which is also convertible to 50 shares of LC common stock. Explain why LC would issue a bond with these features as opposed to just issuing a the bond without such options. As a bondholder, would you necessarily convert these bonds when the price of the stock reaches $22? Why or why not? Feel free to give examples in your response Please provide reference
https://nursingpapermasters.com/wp-content/uploads/2021/07/logo-300x75.png 0 0 developer https://nursingpapermasters.com/wp-content/uploads/2021/07/logo-300x75.png developer2022-02-05 20:33:492022-02-05 20:33:49The Lion Corp.(LC)issues a 30 yearcallable bond which is also convertible to 50 shares of LC common stock.