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Security Analysis: The Classic 1940 Edition
by Benjamin Graham
See all pages
with references to "junior capital".
Excerpt - on Page 34: "
... -A commitment in a new building, con- structed at an exceedingly high level of costs, with no reserves or junior capital to fall back upon in case of trouble. 3. Price of the Issue.-At par the dividend return was 6%, ... "
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See all pages
with references to "junior capital".
Excerpt - on Page 17: "
... of the Issue.-A commitment in a new building, constructed at an exceedingly high level of costs, with no reserves or junior capital to fall back upon in case of trouble. ... "
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Security Analysis: The Classic 1951 Edition
by Benjamin Graham
See all pages
with references to "junior capital".
Excerpt - on Page 304: "
... 304 FIXED-INCOME SECURITIES holders provisions to restrain the creation of unsecured debt and to assume the maintenance of adequate junior capital. Conversion and similar privileges are, of course, important in them- selves, but they do not enter into the determination of ... "
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