Some refer to common stock in a company with debt outstanding as an option on a companys
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Some refer to common stock in a company with debt outstanding as an option on a company’s assets. Do you see any logic to this statement?
What is the logic, if any?
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Related Book For 
Analysis For Financial Management
ISBN: 9781260772364
13th Edition
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
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