Question

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Economics
3. The article “Buttonwood: Classic convertible” (The Economist, 10 July 2021) discusses
convertible bonds - which include "an option to swap for shares of common equity."
a. (4 points) Describe the benefits these bonds offer to demanders of funds. Identify any
specific types of demanders that would find convertibles beneficial.
b. (4 points) Describe the benefits these bonds offer to suppliers of funds. Identify any
specific types of suppliers that would find convertibles beneficial.​

Answer 1

Explanation:

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Answer 2

Answer:

you're failed

Explanation: