14 Convertible Bonds and Financial Distress Read the paper The Role of Convertible Bonds in Alleviating Contracting
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14 Convertible Bonds and Financial Distress Read the paper ‘The Role of Convertible Bonds in Alleviating Contracting Costs’ in the Quarterly Review of Economics and Finance by Krishnaswami and Yaman (2008).
What are the authors’ main findings? Does this surprise you? Explain.
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