Turvey, Calum G.; Bogan, Vicki L.; Yu, Cao - In: The Journal of Risk Finance 13 (2012) 5, pp. 491-506
insufficient to meet fixed financial obligations. The purpose of this paper is to provide a prescriptive credit solution for small … structured credit product with an imbedded option can reduce or eliminate financial risks by providing payouts that decrease the … of a risk‐contingent credit product that is tied to primary markets and simple to implement. In this context, risk …