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Cost of Issuing Debt: An Analysis of the Factors Affecting the Net Interest Cost of State Bonds

The major purpose of this dissertation is to explore the determinants of interest cost for state bonds. Various kinds of variables pertaining to issue characteristics, market characteristics, economic conditions, and political variables were statistically tested to assess their impact on the interest cost of state bonds. This research examines the variables found to be significant for local bonds, as well as some factors unique to state bonds, e.g., the types state agencies issuing debt and the effect of different state income tax policies.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc278599
Date12 1900
CreatorsChen, Li-Kanz
ContributorsBland, Robert L., Yang, Chao-Chih, Books, John W., Todd, John Richard, Brown, Robert William, Booth, John A.
PublisherUniversity of North Texas
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
Formatvi, 145 leaves, Text
RightsPublic, Copyright, Copyright is held by the author, unless otherwise noted. All rights reserved., Chen, Li-Kanz

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