20. Nonrecourse debt (S26.6) Lenders to leveraged leases hold nonrecourse debt. What does nonrecourse mean? What are

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20. Nonrecourse debt (S26.6) Lenders to leveraged leases hold nonrecourse debt. What does

“nonrecourse” mean? What are the benefits and costs of nonrecourse debt to the equity investors in the lease?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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