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answer this questions correctly plz thank you very much ************************************* 1 ) It has been...

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Finance

answer this questions correctly plz thank you very much ************************************* 1 ) It has been argued by some that convertible bonds (i.e., bonds that are convertible into stock at the option of the bondholders) provide one form of protection against ex- propriation by stockholders. On what is this argument based?

2) Societies attempt to keep private interests in line by leg- islating against behavior that might create social costs (such as polluting the water). If the legislation is compre- hensive enough, does the problem of social costs cease to exist? Why or why not?

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