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NOTE ON WHO PAYS THE AGENCY COSTS OF DEBT
Authors:Gordon S Roberts  Jerry A Viscione
Institution:Dalhousie University and Boston College, respectively. The authors wish to acknowledge the helpful comments of the referee and of Mark Casson, Nicholai Fartuck, David Murphy, Nicholas Portman, and of participants in the Boston College School of Management Summer Workshops. Gordon Roberts wishes to thank the Associates'Workshop at the University of Western Ontario for financial support.
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