Research of Extending Maturity Date of Debt by Introducing Participation Ratios
碩士 === 國立臺灣大學 === 財務金融學研究所 === 93 === Since there is bankruptcy costs, bondholders intend to extend the maturity date of the debt to get higher pay-off when the debt is on the edge of default. Based on debt extension related models of Longstaff (1990) and Moraux & navatte’s (2004), this study i...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2005
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| Online Access: | http://ndltd.ncl.edu.tw/handle/77796621678494829545 |