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UOP FIN 571 Week 5 DQ 2

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<strong>UOP</strong> <strong>FIN</strong> <strong>571</strong> <strong>Week</strong> 5 <strong>DQ</strong> 2<br />

The development of the new issue junk bond market had<br />

important implications for capital structure choice. The<br />

existence of a viable junk bond market means that firms can<br />

comfortably maintain higher degrees of leverage than they<br />

could prior to the development of this market. Do you agree or<br />

disagree? Justify your answer.<br />

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<strong>571</strong>-<strong>Week</strong>-5-<strong>DQ</strong>-2<br />

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