Credit Default Swaps - Pricing, Valuation and Investment Applications

Více o knize

Focusing on financial derivatives, this seminar paper explores credit default swaps (CDS) as a tool for transferring credit risk between two parties. It details the mechanics of a CDS, where the protection buyer pays a fee to the protection seller in exchange for compensation in the event of a default by a reference entity. The paper, graded at 67%, provides insights into the structure and function of these financial instruments within the context of investment and finance.