Question 3d
Marking Guide
| self-liquidating | 1 | |
| lower interest rate | 1 | |
| increase in debt capacity on conversion | 1 | |
| other relevant advantages of convertible debt | 1-3 | |
| max marks | 4 |
| self-liquidating | 1 | |
| lower interest rate | 1 | |
| increase in debt capacity on conversion | 1 | |
| other relevant advantages of convertible debt | 1-3 | |
| max marks | 4 |