Question
To fairly price the default risk of a loan to a particular firm, a lender should always increase the loan interest the greater is the
To fairly price the default risk of a loan to a particular firm, a lender should always increase the loan interest the greater is the firm's level of dividend payout. Discuss.
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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