Keywords: Loans
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Journal Articles
International Journal of Managerial Finance (2006) 2 (1): 19–48.
Published: 01 January 2006
...Christian Koziol Purpose Seek to compare the consequences of single‐source versus multiple‐source lending for a borrower who has loans that can be prematurely terminated. Design/methodology/approach The considered model framework is an option‐theoretic firm value model similar to Merton (1974...

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