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YYovin7y ago
Hi sir My question is how options could be useful in determining the value of equity and default risk,and why companies facing severe financial distress still have positive equity values(9 marks question,June 2014)
John MoffatJohn MoffatTutor7y ago#1
Have you read the answer to the June 2014 question? If anything in the answer does not make sense then do ask.
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