Unformatted text preview: seems that convertible bonds have some serious risk factors that one should consider before you decide to invest in them. Viable strategy especially for a new upstart company that need financial assets now and doesn’t have the capital on hand. As a Soldier in the military it is kind of hard to apply what I have learned, but I also own a small business that makes and installs kitchen cabinets. Although my company is small and only employees three works now, when I retire I hope to expand and the principles that I have learned in this course will invaluable. I especially found the role of the financial manager, the concept of present value, the meaning of value and computations of present values of future cash flow capital budgeting methods and techniques to be of significant importance to my company....
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- Spring '11
- Finance, Credit rating, convertible bonds