Publications
Publications
- January 2009 (Revised June 2010)
- HBS Case Collection
Lyons Document Storage Corporation: Bond Math
By: William J. Bruns Jr.
Abstract
In 2009 a recent MBA must analyze the possible refunding of bonds issued in 2000 when interest rates were much higher. She must consider the possible consequences of repurchasing company bonds outstanding using cash that might be obtained by issuing new bonds at a lower interest rate. Students need to carry out a quantitative assignment.
Keywords
Financial Accounting; Quantitative Analysis; Securities; Debt Securities; Bonds; Cash Flow; Mathematical Methods; Accounting; Interest Rates
Citation
Bruns, William J., Jr. "Lyons Document Storage Corporation: Bond Math." Harvard Business School Brief Case 093-215, January 2009. (Revised June 2010.)