Assignment:
Q1. Discuss the importance of the “pecking order” theory for managing the capital structure of a company, in terms of both short-term, tactical financing decisions and long-term, strategic decisions.
Q2. Comment on the following statement: “Since coupon rates on convertible debt are low relative to straight debt, convertible debt is a cheap source of financing.”
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.