Credit Derivatives (Mcgraw-Hill Financial Education)
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Book Description
Credit derivatives are the key risk-management tools for today's finance practitioner. CreditDerivatives explores the major types and uses of credit derivatives, covering everything frombasic information and key terms to techniques for evaluating the probability of a default todemonstrations of their implementation for both risk hedging and speculation. Author PaulSiegel also explores product consideration and borrower characteristics, along with factorsthat must be taken into account when pricing a derivative, including time to maturity, creditrating of the counterparty, expected recovery value, risk-free interest rate, and more.
About the Author
Paul Siegel (New York, NY) is chairman and CEO of The Globecon Group, a leading provider of consulting, education, training, and other professional development services to clients including ABN AMRO, J. P. Morgan, Deutsche Bank, and Moody’s. Siegel previously held executive positions at Olympia & York, Cushman & Wakefield, and Daiwa Securities American.
Credit Derivatives (Mcgraw-Hill Financial Education),Erik Banks,Morton Glantz,Paul Siegel,McGraw-Hill,0071453148,Business & Economics,Business / Economics / Finance,Business/Economics,Credit,Credit derivatives,Finance,Investment Finance,Investments & Securities - General,Money & Monetary Policy,Risk management,Business & Economics / Investments & Securities,Finance & Accounting
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