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1992

Southern Methodist University

Signaling

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Conditional Tests Of A Signalling Hypothesis : The Case Of Fixed Versus Adjustable Rate Debt, Jose Guedes, Rex Thompson Jan 1992

Conditional Tests Of A Signalling Hypothesis : The Case Of Fixed Versus Adjustable Rate Debt, Jose Guedes, Rex Thompson

Historical Working Papers

Using a sampling of debt issues over an eight year period, the study observes a relationship between TBill volatility and whether the debt issue has a fixed or variable rate.