A company goes into debt with a one-day maturity in order to buy fixed-rate bonds. Is it

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A company goes into debt with a one-day maturity in order to buy fixed-rate bonds. Is it running a liquidity risk? And a solvency risk? In what way does the risk manifest itself? What move in interest rates does this company expect?

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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