RECENT DEVELOPMENTS IN THE COST OF DEBT CAPITAL

Authors

  • Andrew H. Chen

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    • Professor of Finance, College of Administrative Science, The Ohio State University. The author wishes to thank S. A. Buser, M. J. Gordon, E. H. Kim, W. Y. Lee, G. A. Racette, J. H. Scott and especially J. B. Yawitz, the discussant of this paper, for valuable comments on earlier versions of the paper.

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