This paper models how to calculate credit spreads on high-yield bond issues if the corporation has no underlying traded stocks. The model is developed from existing literature and from an intuitive idea and will not use outdated financial ratios and variables. We find that the use of outdated...

This case study deals with the extension, customization, and profitability of two new product lines of a bicycle manufacturer. It can serve both as a discussion basis in class as well as an exam for advanced Master students in management, marketing, and accounting. The case illustrates how...