Bond Ratings and Default Spread

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Explores the Peaks-Over-Threshold model assumptions, implications, and estimation methods, including fitting a GPD model to exceedances.

Explores the Modigliani/Miller Theorem, showing how firm value remains unaffected by financing policy in ideal capital markets.

Delves into the impact of debt on firm value through tax benefits and valuation methods, using real-world examples like Nestle's debt policy.

Explores company law, covering capital structure, governance, financial distress, liability, and legal structures.

Explores capital structure decisions, WACC method, leverage, valuation methods, betas estimation, and project-based cost of capital.

Covers the APV valuation method, comparing it to the WACC method and discussing the Flow-to-Equity method and default costs.

Explores capital structure, governance, capital protection, and financial distress in business law.

Covers the process of how a company starts and meets its financing needs.

Explores finance principles, interest rates, bond valuation, and sustainable investing.

Explores credit risk management challenges, models, and credit derivatives.