An advantage of a convertible security is that it provides for deferred common stock financing. The purpose of deferring the sale of common stock is to ______
increase the leverage of the firm, dilute the owership interest, minimize dilution in earnings per share, or time the sale of common stock when the price per share is basing
I believe - minimize dilution in earnings per share - is the correct answer - please advise answer & why - thanks!
Answer: time the sale of common stock when the price per share is basing
The company feels that this is not the right time to ...