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Project Topic; Corporate Bond Yields and Liquidity Risk: An Analysis of U.S market and Bangladesh market Since corporations may default, the returns on their bonds
Project Topic; Corporate Bond Yields and Liquidity Risk: An Analysis of U.S market and Bangladesh market
Since corporations may default, the returns on their bonds must incorporate a premium for such risk. For safe (so-called "investment-grade") bonds however, the risk of default is very low (less than 0.1%) and cannot explain the returns observed. What other factors are at play?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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