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Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.
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I am facing an issue of object identification with the dropdown element of DHTML grid. When I tried to recognize these different dropdown objects, QTP identifies only one object for all the dropdowns. Hence, selection of different data from different dropdowns list is an issue. To overcome this problem, i have used Descriptive Programming technique by creating different object descriptions which have all the other properties same but differ only in one property i.e. ‘X’ location of the element on the screen. Hence, i have created distinct object descriptions that would allow us to select values in different dropdowns. The code is given below. But still I am unable to identify distinct dropdown objects. ‘Object Description for Dropdown Cell Status Set objCellStatus = Description.Create objCellStatus("micclass").value = "WebList" objCellStatus("name").value = "select" objCellStatus("x").value = 219 ------ ‘X’ Axis value for cell status drop down ‘Object Description for Dropdown Sub Segment Set objSubSegment = Description.Create objSubSegment("micclass").value = "WebList" objSubSegment("name").value = "select" objSubSegment("x").value = "319" ------ ‘X’ Axis value for sub segment drop down Please help... This is specific to DTML grid(Drop down object)
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