A comprehensive look at the enormous growth and evolution ofdistressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance bookon the topic updates and expands its discussion of corporatedistress and bankruptcy, as well as the related markets dealingwith high-yield and distressed debt, and offers state-of-the-artanalysis and research on the costs of bankruptcy, credit defaultprediction, the post-emergence period performance of bankruptfirms, and more.
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