個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Flowers Industries, Inc. (Abridged)
內容大綱
This case introduces the topic of convertible securities. A branded-foods CFO must decide whether to issue $50 million as convertible subordinated debentures rather than straight debt or equity faces. In evaluating the proposed terms of the convertibles offering, students must value the securities by valuing the call option (using option pricing theory) and the bond component. Figuring importantly in the decision is the company's strategy of growth by acquisition.