Unit 3 Article Summary Write a review of the article "The Link between Default and Recovery Rates: Theory, Empirical Evidence and Implications"...

Unit 3 Article SummaryWrite a review of the article “The Link between Default and Recovery Rates: Theory, Empirical Evidence and Implications” Citation:Altman, E. I., Brady, B., Resti, A., & Sironi, A. (2005). The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*.The Journal of Business, 78(6), 2203-2228.In your own words explain the key points that the author was trying to communicate. Your review should be at least two pages not counting the title or reference pages.

1 Assignment TitleStudent NameCourse NameInstructor NameDate 2The Link between Default and Recovery Rates: Theory, Empirical Evidence, andImplicationsAll financial contracts are affected by...