Title | : | Leveraged Financial Markets: A Comprehensive Guide to Loans, Bonds, and Other High-Yield Instruments |
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Author | : | William Maxwell & Mark Shenkman |
Release | : | 2010-08-27 |
Kind | : | ebook |
Genre | : | Personal Finance, Books, Business & Personal Finance, Health, Mind & Body |
Size | : | 13806029 |
The high-yield debt market (junk bonds) is a major sector of the financial industry, with more than $600 billion traded annually, and interest in the market is on the rise Features the insights of Marty Fridson (Fridson Vision), Sam DeRosa (CSFB High-Yield), Peter Tufano (Harvard University), and Darrell Duffie (Stanford University), among others Includes models for analyzing probabilities of default and recovery |