Should firms be required to fair- value their long- term debt, even in the absence of a

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Should firms be required to fair- value their long- term debt, even in the absence of a mismatch? Outline arguments for and against this suggestion.

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Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Question Posted: Sep 09, 2014 10:54 AM

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Should firms be required to fair- value their long- term debt, even in the absence of a

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Arguments against fair valuing longterm debt Market value of debt falls following a credit downgrade ...View the full answer

Financial Accounting Theory

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