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Modeling Defaultable Bonds

Calibration of term-structure models; the Black-Derman-Toy and Ho-Lee models. Limitations of term-structure models and derivatives pricing models in general. Introduction to credit-default swaps (CDS) and the pricing of CDS and defaultable bonds.

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コース、専門分野と世界最高の大学や教育機関からのトップ講師が教えるオンライン学位。

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