£105.83

Springer Credit Risk Valuation: Methods, Models, and Applications

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£108.62 £105.55 £106.22 £106.89 £107.56 £108.23 £108.90 14 March 2026 22 March 2026 31 March 2026 08 April 2026 17 April 2026

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1 day · current 34 days 0 9 17 26 34 £106 £109 Days at Price

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Description

Credit risk is a fundamental element in nearly all financial transactions. For any risk taker, understanding the undiversifiable portion of risk is necessary to ensure proper compensation. In bond markets, riskier issues must offer higher yields to attract investors, but determining the exact amount of that yield remains a complex challenge. This monograph from Springer Finance provides a comprehensive overview of current methods used for the valuation of credit risk. By utilizing techniques from contingent claims analysis, credit risk valuation models work to put a precise price on risk. This text explores several practical applications of these models within the context of derivatives, making it a valuable resource for those studying financial risk management and market dynamics.

Key Features

Provides a detailed overview of current methods used for the valuation of credit risk in modern finance.

Explains how to use contingent claims analysis to attempt to put a specific price on credit risk.

Examines the relationship between riskier bond issues and the higher yields required to attract investors.

Discusses various applications of credit risk models specifically within the context of derivatives.

Offers insights into the undiversifiable parts of risk that require compensation in financial transactions.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
15 December 2010
Listed Since
05 September 2010

Barcode

No barcode data available

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