3. The credit spread is the excess premium over the government or risk-free rate required by the...
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3. The credit spread is the excess premium over the government or risk-free rate required by the market for taking on a certain assumed credit exposure.
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Measuring And Controlling Interest Rate And Credit Risk
ISBN: 9780471268062
2nd Edition
Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry
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