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Lenders to a corporation (debtholders/debt investors) have which of the following positions: Long a call option on the assets Long a put option and long
Lenders to a corporation (debtholders/debt investors) have which of the following positions:
Long a call option on the assets
Long a put option and long a risk free bond
Short a put option and short a risk free bond
Short a put option and long a risk free bond
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