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A company suffering a cashflow crisis due to the cover pandemic was able to avoid defaulting on an upcoming debt payment by restructuring its debt.
A company suffering a cashflow crisis due to the cover pandemic was able to avoid defaulting on an upcoming debt payment by restructuring its debt. This debt restructure extend the maturity of the equivalent zero-coupon bond by 1.2 years. calculate the resulting change in the share price of the company's common stock if the theta of the company's equity before the restricting was 0.21 NOK/year per share
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