The Relation Between Liquidity Risk and Credit Risk on the Treasury Yield and Corporate Bond Yield Spread
碩士 === 元智大學 === 管理研究所 === 90 === Abstract General speaking, yield spread on fixed-income securities is in terms of three major characters:(i) the default risk that the firm can’t pay or pays off less than promised pa- yment, i.e., credit risk ;(ii) bond price is sensitive to interest rate...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2002
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| Online Access: | http://ndltd.ncl.edu.tw/handle/82133468829683572685 |