Pension World

Pension World

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A public market offering would usually result in single lump sum borrowing at the outset of a project, requiring that some of ... an extensive credit analysis be performed, since the lender must protect himself through his own research and resources. ... issue, since he will be the only participant or one of a limited number participating in the arrangement, thereby magnifying both the total return and the risk.

Title:Pension World
Publisher: - 1977

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