- Author
- Maxwell, William F.Shenkman, Mark R
- Publisher
- McGraw-Hill
- Language
- English
- Year
- 2010
- Page
- 427
- ISBN
- 978-0-07-174669-4,0-07-174669-2,978-0-07-174668-7,0-07-174668-4
- File Type
- File Size
- 12.9 MiB
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
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