Explain how the spread between default-free debt and
1. What do consumers really want in a brand?
2. Explain how the spread between default-free debt and default-risky debt vary over the course of the business cycle.
3. In your opinion, should all leases be capitalized? Why or why not?
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1 what do consumers really want in a brand2 explain how the spread between default-free debt and default-risky debt
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