Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Credit Risk Valuation

Credit Risk Valuation

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783540678052
Condition
New
Product Description

Credit risk is an important consideration in most financial transactions. As for any other risk, the risk taker requires compensation for the undiversifiable part of the risk taken. In bond markets, for example, riskier issues have to promise a higher yield to attract investors. But how much higher a yield? Using methods from contingent claims analysis, credit risk valuation models attempt to put a price on credit risk. This monograph gives an overview of the current methods for the valu ation of credit risk and considers several applications of credit risk models in the context of derivative pricing. In particular, credit risk models are in corporated into the pricing of derivative contracts that are subject to credit risk. Credit risk can affect prices of derivatives in a variety of ways. First, financial derivatives can be subject to counterparty default risk. Second, a derivative can be written on a security which is subject to credit risk, such as a corporate bond. Third, the credit risk itself can be the underlying vari able of a derivative instrument. In this case, the instrument is called a credit derivative. Fourth, credit derivatives may themselves be exposed to counter party risk. This text addresses all of those valuation problems but focuses on counterparty risk. The book is divided into six chapters and an appendix. Chapter 1 gives a brief introduction into credit risk and motivates the use of credit risk models in contingent claims pricing.

Available Colors
Available Sizes
1 Offer Price Range: $129.00 - $129.00
BEST PRICE

Single Product Purchase

$129.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$129.00 $129.00

$129.00
See Site In stock Visit Store

Similar Products

Organisation, Management, Unternehmensfhrung

$34.99

Hold Fast

$6.74

Biosystems - Investigated by Scanning Probe Microscopy

$219.99

The BOXES Methodology Second Edition

$129.00

Foundations of Queueing Theory

$84.99

Dekolonialitt in der Politischen Bildung

$69.99

Cognitive Errors and Diagnostic Mistakes

$59.99

Duality in 19th and 20th Century Mathematical Thinking

$219.99

Thoracic Surgery

$89.00

Differential Evolution in Electromagnetics

$109.99

Product Design for Modularity

$109.99

Technische Berichte

$39.99

Komplexittsmanagement in Unternehmen

$64.99

Personenlexikon der Psychotherapie

$109.00

Das Drehbuch zum Drehbuch

$59.99

Protein Kinase C

$169.99

Mary Anne's Bad Luck Mystery: A Graphic Novel (The Baby-sitters Club #13) by Ann M. Martin

$12.99

Civil Disobedience in Islam

$99.99

Stochastic Models, Information Theory, and Lie Groups, Volume 2

$109.99

The Politics of Womens Health Care in the United States

$59.99

The Human Respiratory System

$139.00

United States and Britain in Diego Garcia

$39.99

Devianz und Delinquenz im Kindes- und Jugendalter

$64.99

Directed Sonar Sensing for Mobile Robot Navigation

$129.00

Complement Activation in Malaria Immunity and Pathogenesis

$84.99

Choosing and Using a Refracting Telescope

$49.99

Dime Novels and the Roots of American Detective Fiction

$39.99

New Knowledge in Information Systems and Technologies

$219.99

Bottlenecks

$44.99

Dynamic Macroeconomics with Imperfect Competition

$54.99

Gabler Lexikon Personal

$54.99

School Readiness 10-Kit Bundle

$359.99

The Financialization of the Brazilian Territory

$84.99

CO2 Refrigeration Cycle and Systems

$179.99

Innovative Beratungskonzepte

$39.99

Faith-Based Organizations at the United Nations

$109.99

The Magnetospheric Cusps: Structure and Dynamics

$109.99

Advances in Computer Science, Intelligent Systems and Environment

$259.00

Internet of Unmanned Things (IoUT) and Mission-based Networking

$169.99

Fathering within and beyond the Failures of the State with Imagination, Work and Love

$39.99