Journal of Financial and Quantitative Analysis Vol. 16 No. 2 1981
Factors Affecting Seasoned Corporate Bond Prices
Abstract
In this paper prices of corporate bonds are decomposed into elements associated with (1) the pure price of time, (2) the default risk of the agency rating class to which the bond is assigned, and (3) the unique risk and ancillary features of the bond itself.
- DOI
- 10.2307/2330647
- Volume
- 16
- Issue
- 2
- Pages
- 207
- Sources
- openalex crossref