The Substitutability of Debt and Equity Securities
Published Date
Copyright 1985
ISBN 0226264114
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Copy CitationBenjamin M. Friedman, Corporate Capital Structures in the United States (University of Chicago Press, 1985), chap. 5, https://www.nber.org/books-and-chapters/corporate-capital-structures-united-states/substitutability-debt-and-equity-securities.
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Published From Paper
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Working Paper
This paper investigates empirically the degree of substitutability between debt and equity securities in the United...
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