Browsing Institutt for samfunnsøkonomi by Author "Juell, Christopher Lemmich"
Now showing items 1-1 of 1
-
The Effect of Seniority on the Pricing and Risk of Corporate Debt
Juell, Christopher Lemmich (Master thesis, 2018)This thesis looks at what effect seniority has on corporate debt. I have used a theoretical approach and expanded the model developed by Merton (1974). My analysis is based on the corporate debt being pure discount bonds. ...