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Perplexity in princing corporate bonds

Nimesh Patel

No 373406, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The corporate bond market is significant. According to the United States Federal Reserve, outstanding US corporate bonds totalled $4.6 trillion by the end of 2010 - an increase of more than 350% above 1990 levels. However, there has been very little empirical work done to test the vast theoretical literature of corporate bond pricing models. Nimesh Patel surveys their accuracy and reliability.

Date: 2011-11-01
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