THE SEASONING PROCESS OF NEW CORPORATE BOND ISSUES

Authors

  • Mark I. Weinstein

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    • Assistant Professor of Finance and Operations Analysis. State University of New York at Buffalo. This article is taken from part of my dissertation at the University of Chicago. I wish to thank Myron Scholes, the chairman of my committee and Lawrence Fisher, Robert Hamada, Roger Ibbotson, Merton Miller, Harry Roberts and Shyam Sunder, who were members of the committee. Helpful comments were also received from Robert Hagerman. Ronald Huefner. Lee Preston and Stanley Zionts. Roger G. Ibbotson provided many useful comments on an earlier version of this paper. Unfortunately the remaining errors are my responsibility.

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