Credit Risk, Fraud Risk, and Corporate Bond Spreads
Exploring the main factors that determine bond spreads with respect to Treasury rates is one of the most critical issues in the corporate debt market. Credit risk has long been perceived as the most important determinant of bond spreads (Fisher, 1959). One of the most critical parameters in credit r...
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| Language: | en en |
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2013
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| Online Access: | http://hdl.handle.net/1974/8000 |