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Seminar Date: 2026-06-04 Course: BUSN79, Degree Project in Accounting and Finance Authors: Victor Damberg, Jonatan Svanbom Advisor/Examiner: Diem Nguyen & Reda Moursli Five key words: CDS Spreads, Leverage, Asset Tangibility, Financial Distress Risk, Redeployability Purpose: To investigate whether asset tangibility weakens the positive association between leverage and market-implied
