個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Collateralized Debt Obligations (CDOs)
內容大綱
This lesson integrated Merton's (1974) contingent claims model of debt and equity claims with the CAPM, which allows us to examine the risks and pricing of credit portfolios, and the derivative claims issued against them. In particular, this model is used to make investment and risk management decisions in the market for collateralized debt obligations (CDOs).