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A company may not have the ability to raise capital from the share issuance. By releasing a conversion of the original owners hold a bond and therefore be paid before shareholders-so they are perceived as less risky than equity. The companies can then release the hood with that production will be lower than the return on stocks at the request of the investor. But because of the shift gives the holder the option to convert into stock at a fixed price of the future can be issued with lower productivity compared to a conventional bond
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