Credit Derivatives: A Primer on Credit Risk, Modeling, and Instruments (2nd Revised Edition) 2016 by George Chacko [Dr.Soc]seeders: 11
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Credit Derivatives: A Primer on Credit Risk, Modeling, and Instruments (2nd Revised Edition) 2016 by George Chacko [Dr.Soc] (Size: 2.45 MB)
Description Credit Derivatives, Revised Edition: A Primer on Credit Risk, Modeling, and Instruments (2nd Edition) Author: George Chacko, Anders Sjöman, Hideto Motohashi, Vincent Dessain Hardcover: 304 pages Publisher: Pearson FT Press; 2 edition (January 9, 2016) Language: English ISBN-10: 0133249182 ISBN-13: 978-0133249187 Format: PDF  Summary: Every company faces credit risk. Credit derivatives are among the most powerful tools available for managing it. Once restricted to the financial industry, they are now widely used by businesses of all kinds—and all financial professionals need to understand them. Credit Derivatives, Revised Edition, explains these tools simply, clearly, and rigorously: what they do, how they work, and how to use them in today’s applications. The authors first show how credit risk can be measured and valued. They explain key ideas, such as recovery rates and credit spreads, and show how derivatives transfer credit risk to external investors. Next, they systematically demonstrate how credit risk models can describe and predict credit risk events. They cover structural models, including Merton and Black and Cox; empirical models, such as the Z-score model; and reduced-form models, such as Jarrow-Turnbull. The authors also present detailed explanations of two widely used instruments: credit default swaps (CDSs) and collateralized debt obligations (CDOs). Finally, building on what you’ve learned, the authors offer a brand-new primer on today’s applications for financial instruments with embedded credit risk. [Amazon] Seed, Share, Gain knowledge || Don't forget to give thumbs up For any problem with my uploads or trouble with downloading, please PM me. Thanks. Sharing Widget |