Unit 3 Article Summary
Write a review of the article "The Link between Default and Recovery Rates: Theory, Empirical Evidence and Implications" This article is available in the KU Library.
Citation:
Altman, E. I., Brady, B., Resti, A., & Sironi, A. (2005). The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*.The Journal of Business, 78(6), 2203-2228.
In your own words explain the key points that the author was trying to communicate. Your review should be at least two pages not counting the title or reference pages.
Directions for Submitting your Article Summary
Compose your assignment in a MS Word document