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What are unsecured notes? Why would they carry a relatively high interest rate? What are convertible...

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Accounting

What are unsecured notes? Why would they carry a relatively highinterest rate? What are convertible securities? Why are they goodfor the investor and for the company? Why would they carry arelatively low interest rate? What does callable mean? Whatadvantage does this feature give a company?

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Unsecured note is a type of loan which is not secured by an collateral It carry high interest rate because they are risky since they are not secured Convertible securities are those securities which are convertible to    See Answer
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