Why is corporate long-term debt riskier than government long-term debt?

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Question Posted: Jul 17, 2012 03:26 AM

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Why is corporate long-term debt riskier than government long-term debt?

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Corporate longterm debt is more risky than government longterm debt because the corporat...View the full answer

Contemporary Financial Management

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