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Showing 1 to 1 of 1 for “"Bond Markets; Credit Ratings; Leverage; Product Market Competition; Public Debt"”.
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Three Essays on The Cost of Debt Capital
… consists of three chapters that examine how product market competition affects the cost of public bond debt and how credit rating adjustments influence the cost of debt and leverage of industry rivals. </p> <p>Chapter 1 explores how competitive threats affect the yield spread of corporate …