4. Default option (S24.2) The difference between the value of a government bond and a similar corporate
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4. Default option (S24.2) The difference between the value of a government bond and a similar corporate bond is equal to the value of an option. What is this option, and what is its exercise price?
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Related Book For
Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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