Synopsis
The digital edition of all books may be viewed on our website before purchase. Excerpt from Risky Debt, Jump Processes and Safety Covenants
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Risky Debt, Jump Processes and Safety Covenants (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book examines the valuation of risky debt in the presence of safety covenants, which stipulate that bondholders are entitled to immediate settlement of their claim on a firm if its value falls below a specified level. The author develops an approach to this valuation problem and provides specific results, comparing them to previous work in the field. The book also explores the impact of jump processes, sudden and significant changes in firm value, on the valuation of safety covenants. The author argues that these processes, often caused by the arrival of new information, can alter the value of debt, as the firm's value may reach points below the safety covenant without first passing through it. The book's analysis and insights provide valuable guidance for understanding the complex factors that influence the valuation of risky debt with safety covenants. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332280438_0
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EUR 15,42
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Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
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Risky Debt, Jump Processes and Safety Covenants Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332280438
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EUR 24,56
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Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
Quantité disponible : 15 disponible(s)
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Risky Debt, Jump Processes and Safety Covenants Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332280438
Acheter neuf
EUR 24,08
Expédition à EUR 3,80
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)