Question
compute a par spread in basis points for a 5yr Credit Default Swap with notional principal N=10 million assuming that the expected recovery rate R=25%,
compute a par spread in basis points for a 5yr Credit Default Swap with notional principal N=10 million assuming that the expected recovery rate R=25%, the 3-month hazard rate is a flat 1%, and the interest rate 5% per annum
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Artificial Intelligence In Accounting And Auditing Knowledge Representation Accounting Applications And The Future Volume 3
Authors: Miklos A. Vasarhelyi
1st Edition
1558760784, 978-1558760783
