search query: @author Lovata, L. M. / total: 1
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Author:Lovata, L. M.
Nichols, W. D.
Philipich, K. L.
Title:Defeasing discounted debt : An economic analysis.
Journal:Financial Management
1987 : SPRING, VOL. 16:1, p. 41-45
Index terms:ECONOMIC ANALYSIS
SHAREHOLDERS
Language:eng
Abstract:This paper investigates the effects of various characteristics (default risk, call option, and sinking fund) on the interest rate sensitivity of a corporate bond, where the sensitivity is assessed relative to that of an otherwise equivalent default-free fixed-income bond.
SCIMA record nr: 54323
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