举一反三
- Convertible note is very popular in early-stage financing because it is simple and quick.
- Convertible note is very popular in early-stage financing because it is simple and quick. A: 正确 B: 错误
- What is the current market value of each convertible loan note (to 2 dp)?$
- The convertible price of a concertible note is generally the same as the price of the next round equity investment.
- Which of the following statements is NOT a feature of convertible notes? () A: Convertible notes offer a lower interest rate than straight debt<br/>instruments. B: Convertible notes are usually made available to ordinary<br/>shareholders. C: Maturity of convertible notes is usually shorter than straight debt<br/>instruments. D: Note holders can generally participate in new issues of equity.
内容
- 0
Convertible note is essentially a/an... A: equity B: debt C: neither equity or debt D: both equity and debt
- 1
The maker of a note records interest expense. The creditor of a note holds a note receivable.
- 2
Why investors and entrepreneurs prefer convertible note in early stage financing? A: It is very simple to do. B: It defers the pricing decision to the future. C: It may have arrangements on valuation caps. D: It provides investors with voting rights.
- 3
Convertible has two kinds: one is a hard-top convertible whose roof is made of metal,the other is a soft-top convertible whose roof is made of canvas (see Fig.7-7).
- 4
A convertible bond issue has a conversion premium of $50 at a time when the underlying share’s price is $35. The convertible has a par value of $1,000 and is convertible into 80 shares of the issuer’s stock. The convertible bond’s price is closest to: A: $1,050 B: $2,850 C: $2,750