Credit Risk: Modeling, Valuation and Hedging (Springer Finance),Used

Credit Risk: Modeling, Valuation and Hedging (Springer Finance),Used

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SKU: SONG3642087078
Brand: Springer
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The motivation for the mathematical modeling studied in this text on developments in credit risk research is the bridging of the gap between mathematical theory of credit risk and the financial practice. Mathematical developments are covered thoroughly and give the structural and reducedform approaches to credit risk modeling. Included is a detailed study of various arbitragefree models of default term structures with several rating grades.

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