Bond issuers - Corporations
Calvin Lin
contributed
This wiki is incomplete.
Corporate bonds are issued by corporations to raise capital at a fixed cost. Yield increase with a higher probability of default.
The implied probability of default can be calcualted using expectation theory.
Cite as:
Bond issuers - Corporations.
Brilliant.org.
Retrieved from
https://brilliant.org/wiki/bond-issuers-corporations/