Chapter 3 Free Cash Flow Valuation Intro to Free Cash Flows If applied to dividends, the DCF model is the dividend discount model (DDM) from Chapter 2. Chapter 3 extends…

1. JEAN-MARTIN AUSSANT DIRECTOR FIXED INCOME PRODUCT STRATEGY PRMIA LONDON 18 MAY 2004 2. Recent market environment New market-implied techniques to manage credit riskIntroduction…

ic

Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 7 Risk Structure and Term Structure of Interest Rates Slide 2 Copyright © 2008 Pearson Addison-Wesley.…

Slide 1 Credit Derivatives Pricing and Applications Slide 2 Credit Default Swaps The notional amount of credit default swap in the second half of 2007 was nearly $60 trillion,…