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Unformatted text preview: 5. Distinguish fully between: (a) par value and market value of shares (b) authorized and issued share capital (c) preference shares and ordinary shares (d) loan capital and ordinary share capital (e) fixed and floating charges (f) debentures and unsecured loan stocks (g) Eurobonds and traditional forms of UK loan capital. 6. GHI plc issues 500,000 of convertible loan stock. Each 5.00 of stock can be converted into 4 ordinary shares on 1 January 2010. The current share price is 86p and the loan stock is traded at par. Calculate the conversion premium....
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This note was uploaded on 06/07/2011 for the course MA 826 taught by Professor Loba,millet during the Spring '11 term at Kent Uni..
- Spring '11