Does the book value of the debt coincide with market value
Does the book value of the debt all the time coincide with its market value?
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No. Some illustrations include: long-term debt along with a fixed interest rate which is higher or lower than the present market rate; debt to a company with certain serious financial troubles and debt along with government subsidies.
My investment bank told me that beta given by Bloomberg incorporates the illiquidity risk and small cap premium since Bloomberg does well-known Bloomberg adjustment formula. Is it true?
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Who wrote famous paper of on distribution of cotton price returns?
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Provide a brief overview of Capital Market Efficiency?
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