All of the following are motivation for firms to issue warrants except: 23 multiple choice 8 0: 20: 47 o word warrants are more desirable than convertible securities for creating new common stock o warrants are used as a sweetener during merger negotiations firms may be allowed to issue debt at a lower rate when warrants are included o all of these options are motivations to issue warrants

warrrents are more desirable than convertible securities for creating new common stock.

Explanation:

The exercise of a warrant changes the capital structure of the company by reducing the degree of leverage by virtue of the issuance of new common shares without the debt experiencing any change. If a bond is converted, the decrease in the level of leverage would be even more pronounced, as common shares would be issued in exchange for a reduction in debt. In addition, the exercise of a warrant represents a new capital inflow; With convertible securities, new capital is captured when they are originally issued and not when they are converted. The entry of new contribution capital resulting from the exercise of a warrant does not occur until the company has achieved a certain degree of success, which is reflected in a higher price of its shares.

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i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

c

explanation: