Guarantee provisions: Some bonds are guaranteed by other firms. If a weak companys debt is guaranteed by

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Guarantee provisions: Some bonds are guaranteed by other firms. If a weak company’s debt is guaranteed by a strong company (usually the weak company’s parent), the bond will be given the strong company’s rating.

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Corporate Finance A Focused Approach

ISBN: 9780324180350

1st Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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