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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