%PDF-1.6
%
1 0 obj
<<
/Type /Catalog
/Version /1.4
/Pages 2 0 R
/PageLabels 3 0 R
/Metadata 4 0 R
/AcroForm 5 0 R
/Names 6 0 R
/Outlines 7 0 R
/OutputIntents [8 0 R]
>>
endobj
9 0 obj
<<
/Creator (Apache FOP Version 2.8)
/Producer (Apache FOP Version 2.8)
/CreationDate (D:20240329072332+01'00')
/Author (Krause, Marko Volker)
/CrossMarkDomains#5B1#5D (springer.com)
/CrossMarkDomains#5B2#5D (springerlink.com)
/CrossmarkDomainExclusive (true)
/CrossmarkMajorVersionDate (2010-04-23)
/Keywords (Default risk, Tax treatment of default, Betas, Leverage, G12, G31, G32, G33)
/ModDate (D:20191023074105+05'30')
/Subject (Management and auxiliary services: 650)
/Title (De and re-levering betas with risky debt)
/doi (10.1007/s40685-018-0066-2)
/robots (noindex)
/Lang (EN)
>>
endobj
2 0 obj
<<
/Type /Pages
/Kids [10 0 R 11 0 R 12 0 R 13 0 R 14 0 R 15 0 R 16 0 R 17 0 R 18 0 R 19 0 R
20 0 R 21 0 R 22 0 R 23 0 R 24 0 R 25 0 R 26 0 R 27 0 R 28 0 R]
/Count 19
>>
endobj
3 0 obj
<<
/Nums [0 29 0 R 1 30 0 R]
>>
endobj
4 0 obj
<<
/Length 869
/Type /Metadata
/Subtype /XML
>>
stream
application/pdf
x-unknown
2024-03-29T07:23:32+01:00
Apache FOP Version 2.8
1.4
Apache FOP Version 2.8
2024-03-29T07:23:32+01:00
2024-03-29T07:23:32+01:00
endstream
endobj
5 0 obj
<<
/DA (/Helv 0 Tf 0 g )
/DR 31 0 R
/Fields []
>>
endobj
6 0 obj
<<
/Dests 32 0 R
>>
endobj
7 0 obj
<<
/First 33 0 R
/Last 33 0 R
/Type /Outlines
>>
endobj
8 0 obj
<<
/DestOutputProfile 34 0 R
/Info (sRGB IEC61966-2.1)
/OutputCondition (sRGB)
/OutputConditionIdentifier (Custom)
/RegistryName ()
/S /GTS_PDFA1
/Type /OutputIntent
>>
endobj
10 0 obj
<<
/Resources 35 0 R
/Type /Page
/MediaBox [0.0 0.0 595.275 841.889]
/CropBox [0.0 0.0 595.275 841.889]
/BleedBox [0 0 595.275 841.889]
/TrimBox [0 0 595.275 841.889]
/Parent 2 0 R
/Annots [36 0 R 37 0 R 38 0 R 39 0 R 40 0 R 41 0 R 42 0 R 43 0 R]
/Contents 44 0 R
/Rotate 0
>>
endobj
11 0 obj
<<
/Annots [45 0 R 46 0 R 47 0 R 48 0 R]
/Contents [49 0 R 50 0 R 51 0 R 52 0 R 53 0 R 54 0 R 55 0 R 56 0 R]
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 57 0 R
/Rotate 0
/Thumb 58 0 R
/Type /Page
>>
endobj
12 0 obj
<<
/Annots [59 0 R 60 0 R 61 0 R 62 0 R 63 0 R 64 0 R 65 0 R 66 0 R 67 0 R 68 0 R
69 0 R 70 0 R 71 0 R 72 0 R 73 0 R 74 0 R]
/Contents 75 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 76 0 R
/Rotate 0
/Thumb 77 0 R
/Type /Page
>>
endobj
13 0 obj
<<
/Annots [78 0 R 79 0 R 80 0 R 81 0 R 82 0 R 83 0 R 84 0 R]
/Contents 85 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 86 0 R
/Rotate 0
/Thumb 87 0 R
/Type /Page
>>
endobj
14 0 obj
<<
/Annots [88 0 R 89 0 R 90 0 R 91 0 R 92 0 R 93 0 R 94 0 R 95 0 R 96 0 R]
/Contents 97 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 98 0 R
/Rotate 0
/Thumb 99 0 R
/Type /Page
>>
endobj
15 0 obj
<<
/Annots [100 0 R 101 0 R 102 0 R]
/Contents 103 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 104 0 R
/Rotate 0
/Thumb 105 0 R
/Type /Page
>>
endobj
16 0 obj
<<
/Annots [106 0 R 107 0 R 108 0 R 109 0 R 110 0 R 111 0 R]
/Contents 112 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 113 0 R
/Rotate 0
/Thumb 114 0 R
/Type /Page
>>
endobj
17 0 obj
<<
/Annots [115 0 R 116 0 R 117 0 R]
/Contents 118 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 113 0 R
/Rotate 0
/Thumb 119 0 R
/Type /Page
>>
endobj
18 0 obj
<<
/Annots [120 0 R 121 0 R 122 0 R]
/Contents 123 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 124 0 R
/Rotate 0
/Thumb 125 0 R
/Type /Page
>>
endobj
19 0 obj
<<
/Annots [126 0 R 127 0 R 128 0 R]
/Contents 129 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 124 0 R
/Rotate 0
/Thumb 130 0 R
/Type /Page
>>
endobj
20 0 obj
<<
/Annots [131 0 R 132 0 R 133 0 R 134 0 R 135 0 R 136 0 R 137 0 R]
/Contents 138 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 139 0 R
/Rotate 0
/Thumb 140 0 R
/Type /Page
>>
endobj
21 0 obj
<<
/Annots [141 0 R 142 0 R 143 0 R 144 0 R 145 0 R 146 0 R]
/Contents 147 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 148 0 R
/Rotate 0
/Thumb 149 0 R
/Type /Page
>>
endobj
22 0 obj
<<
/Annots [150 0 R 151 0 R 152 0 R 153 0 R 154 0 R 155 0 R]
/Contents 156 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 157 0 R
/Rotate 0
/Thumb 158 0 R
/Type /Page
>>
endobj
23 0 obj
<<
/Annots [159 0 R]
/Contents 160 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 161 0 R
/Rotate 0
/Thumb 162 0 R
/Type /Page
>>
endobj
24 0 obj
<<
/Annots [163 0 R]
/Contents 164 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 148 0 R
/Rotate 0
/Thumb 165 0 R
/Type /Page
>>
endobj
25 0 obj
<<
/Contents 166 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 167 0 R
/Rotate 0
/Thumb 168 0 R
/Type /Page
>>
endobj
26 0 obj
<<
/Annots [169 0 R 170 0 R 171 0 R 172 0 R]
/Contents 173 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 174 0 R
/Rotate 0
/Thumb 175 0 R
/Type /Page
>>
endobj
27 0 obj
<<
/Annots [176 0 R 177 0 R]
/Contents 178 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 161 0 R
/Rotate 0
/Thumb 179 0 R
/Type /Page
>>
endobj
28 0 obj
<<
/Annots [180 0 R 181 0 R]
/Contents 182 0 R
/CropBox [0.0 0.0 439.37 666.142]
/MediaBox [0.0 0.0 439.37 666.142]
/Parent 2 0 R
/Resources 183 0 R
/Rotate 0
/Thumb 184 0 R
/Type /Page
>>
endobj
29 0 obj
<<
/S /D
>>
endobj
30 0 obj
<<
/S /D
/St 703
>>
endobj
31 0 obj
<<
/Encoding 185 0 R
/Font 186 0 R
>>
endobj
32 0 obj
<<
/Kids [187 0 R 188 0 R]
>>
endobj
33 0 obj
<<
/C [0 0 0]
/Count -9
/Dest (Title)
/F 0
/First 189 0 R
/Last 190 0 R
/Parent 7 0 R
/Title (De and re-levering betas with risky debt)
>>
endobj
34 0 obj
<<
/Length 2574
/Filter /FlateDecode
/N 3
/Range [0 1 0 1 0 1]
>>
stream
HyTSwoɞc
[5laQIBHADED2mtFOE.c}088GNg9w߽ '0 ֠Jb
2y.-;!KZ ^i"L0-
@8(r;q7Ly&Qq4j|9
V)gB0iW8#8wթ8_٥ʨQQj@&A)/g>'K t;\
ӥ$պFZUn(4T%)뫔0C&Zi8bxEB;Pӓ̹Aom?W=
x- [ 0}y)7ta>jT7@tܛ`q2ʀ&6ZLĄ?_yxg)˔zçLU*uSkSeO4?c. R
߁-25 S>ӣVd`rn~Y&+`;A4 A9 =-tl`;~p Gp| [`L`< "AYA+Cb(R, *T2B-
ꇆnQt}MA0alSx k&^>0|>_',G!"F$H:R!zFQd?r9\A&GrQhE]a4zBgE#H *B=0HIpp0MxJ$D1D, VĭKĻYdE"EI2EBGt4MzNr!YK ?%_(0J:EAiQ(()ӔWT6U@P+!~mDeԴ!hӦh/']B/ҏӿ?a0nhF!X8܌kc&5S6lIa2cKMA!E#ƒdV(kel
}}Cq9
N')].uJr
wG xR^[oƜchg`>b$*~ :Eb~,m,-ݖ,Y¬*6X[ݱF=3뭷Y~dó tizf6~`{v.Ng#{}}jc1X6fm;'_9 r:8q:˜O:ϸ8uJqnv=MmR 4
n3ܣkGݯz=[==<=GTB(/S,]6*-W:#7*e^YDY}UjAyT`#D="b{ų+ʯ:!kJ4Gmt}uC%K7YVfFY.=b?SƕƩȺy
چk5%4m7lqlioZlG+Zzmzy]?uuw|"űNwW&e֥ﺱ*|j5kyݭǯg^ykEklD_p߶7Dmo꿻1ml{Mś
nLl<9O [$h՛BdҞ@iءG&vVǥ8nRĩ7u\ЭD- u`ֲK³8%yhYѹJº;.!
zpg_XQKFAǿ=ȼ:ɹ8ʷ6˶5̵5͵6ζ7ϸ9к<Ѿ?DINU\dlvۀ܊ݖޢ)߯6DScs
2F[p(@Xr4Pm8Ww)Km
endstream
endobj
35 0 obj
<<
/Font 191 0 R
/ProcSet [/PDF /ImageB /ImageC /Text]
/ColorSpace 192 0 R
>>
endobj
36 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [51.023 724.02 277.794 789.216]
/C [0 0 0]
/Border [0 0 0]
/A 193 0 R
/H /I
>>
endobj
37 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [362.834 777.878 436.534 789.216]
/C [0 0 0]
/Border [0 0 0]
/A 194 0 R
/H /I
>>
endobj
38 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [362.834 726.855 538.582 759.453]
/C [0 0 0]
/Border [0 0 0]
/A 195 0 R
/H /I
>>
endobj
39 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [68.03 345.153 257.5 354.533]
/C [0 0 0]
/Border [0 0 0]
/A 196 0 R
/H /I
>>
endobj
40 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [68.03 255.767 227.49 265.147]
/C [0 0 0]
/Border [0 0 0]
/A 197 0 R
/H /I
>>
endobj
41 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [139.534 91.156 277.56 97.722]
/C [0 0 0]
/Border [0 0 0]
/A 198 0 R
/H /I
>>
endobj
42 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [51.023 55.042 235.274 69.215]
/C [0 0 0]
/Border [0 0 0]
/A 193 0 R
/H /I
>>
endobj
43 0 obj
<<
/Type /Annot
/Subtype /Link
/Rect [442.204 45.121 496.625 81.971]
/C [0 0 0]
/Border [0 0 0]
/A 199 0 R
/H /I
>>
endobj
44 0 obj
<<
/Length 92575
/Filter /FlateDecode
>>
stream
xܽI];ex'd;Z1 G?E{%[۟[?GkwM4W7yڄl(GCniLuNS7-4fG[G[Y-d>B-3 }Oz6ۥ4CRZAOTfjѶu>c̡~f~_uw~6Se|+ѭfjԣA{5GutveO[dMm4B'ؿL9^ݛ-xJmsn3؝8{y>Ru'æ'G8&[l|K(1rkh{399;}yr vŎ?{soHլG;U;ۭε_[Zq0gLA[#8]ƯdĘmºmjhID[T݈[m)u[?;R,=ت6
WuuNLѝR/%xP5m(ѦIOklסd;|6mk)tKc-n]*o-;jg\i64@6pte\jw}W]Zѹkϻ2F;߹d㖼9(a
Rüz[Jޢ%GAsLuIzY81"NU?k{[3-:1r8[);>R@q5Mk{_FkZb(1x-^sK=\t;5[NZݳ-k:OGmv[2=pgb4~=ˡ=R~nߤmOn?{;;Fty7S~Ϟ*lbC<t5|vb%ہ61Ҧ!ښ=&멕>2|[Ld͓tuWh\Gz^gnzWYSy?mZ>^5#1cڕ Yg~j˱;y[?uٲ1;C{`^ăi?ˑ8?G6FmZ%]`%doqZri&7h"o.k<[6dbg)eIv2bt&~~{rJFG˶$ۧnUTzmm}4 ZrvGX].=B&StSsLMj
1jxOӕG[t)aO0YO=2VS;Yt[V͎7$vuoۗGS)ц[Os}|E[eݿ>m4$ Xezh:l'5Nf\>zp/bD3fk'i cnrE6bi( ^bMϱziS)uԹk:ƓmM -EYcuj34~aЖ_Jll#ΐۆg3c{@c n< -T:g'}_e_CL}&av1g6}ZϚق?"0ó㴫59`b2I
SwfQ2zDImiJAXqV;tZOjw5[n+֣zPO4~|)Ux@oPkGLFƌB<`a29zz[6`?/}YK4n<$$ĪMlիagb77ehwu'&K_LZ<.&uhˀbAߦ;UɴR%( pvLnCMtO{nL6aEؽx%F5.N!BŤ_esF9[f5:@haxAG_70 t[xdu~Qmf9CڍVDY@C=In,a~lH=*kH
%IX'Zw6S40!zIT`сpęGC3i]/"+љe.+d[pNh+!c/YpsBݞ_q"Z͋^V
٦Vqk9MPnnnj5]-vmBv:L/k7A>5*ZU+=`S#d=F'm?1Nҭ'[|;cOt{/v;UiL:o,\{҂^mc6꘤WҒe8
Nڕq+_${ ÃW~=1R/