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A bond is issued at a par value of USD 1 0 0 . The bond pays 3 % annually. Next year the bond will
A bond is issued at a par value of USD The bond pays annually. Next year the bond will default with a probability. What is the expected future price of the bond on the days of the next coupon payment just before coupon payment if the recovery rate is
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Derivative Products And Pricing The Das Swaps And Financial Derivatives Library
Authors: Satyajit Das
1st Edition
0470821647, 9780470821640
