Debt service parity approach

Definition:

Payment alternatives that provide the firm with the exact same schedule of after-tax debt payments (including both interest and principal).

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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