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High Yield Bonds: Market Structure, Valuation, and Portfolio Strategies
原價:
HK$750.00 
現售:
HK$712.5
節省:
HK$37.5 購買此書 10本或以上 9折, 60本或以上 8折
抱歉! 此商品已售罄, 不能訂購
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出版社: |
McGraw-Hill
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| 出版日期: |
1999 |
| 頁數: |
574 |
| ISBN: |
9780070067868 |
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商品簡介 |
| HIGH-YIELD BONDS provides state-of-the-art research, strategies, and tools?alongside the expert analysis of respected authorities including Edward Altman of New York University?s Salomon Center, Lea Carty of Moody?s Investor Service, Sam DeRosa-Farag of Donaldson, Lufkin & Jenrette, Martin Fridson of Merrill Lynch & Company, Stuart Gilson of Harvard University, Robert Kricheff of CS First Boston, and Frank Reilly of the University of Notre Dame?to help you truly understand today?s high-yield market. For added value and ease of reference, this high-level one-volume encyclopedia is divided into seven sections detailing virtually every aspect of high-yield bond investment. They include: Market structure?The role of investment banks in security innovation and market development, evolution of analytical methodologies, and recent leveraged loan market developments; Security risk analysis?Historical bond default rates, real interest rate and default rate relationships, and new simulation methodologies for modeling credit quality; Security valuation?Impact of seniority and security on bond pricing and return, important trading factors, and a Monte Carlo simulation methodology for valuing bonds and options in the context of correlated interest rate and credit risk; Market valuation models?Econometric studies which detail the importance of monetary influences, risk-free interest rates, default rates, mutual fund flows, and seasonal fluctuations; Portfolio management?Historical perspective and comparison to alternative investments, analysis of indices available to investors, and specific portfolio selection and risk management strategies of professional fund managers; Distressed security investing?Historical risk and return information, plus an academic overvth... |
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