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Using an aggregate credit spread index, we find that it has substantial predictive power for corporate bond returns over short and long horizons. The return predictability is economically and statistically significant and robust to various controls. The credit spread index and its components...
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Power cable engineering is a critical method for urban power supply, and ductbank laying of cables is a way of underground cable lines. Considering the cost and construction, MPP pipes with poor heat dissipation performance are often used in ductbank. Many cables are arranged densely in the...
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