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| Tekijä: | Blume, M.E. Keim, D.B. |
| Otsikko: | Realized returns and defaults on low-grade bonds: the cohort of 1977 and 1978 |
| Lehti: | Financial Analysts' Journal
1991 : MAR/APR, VOL. 47:2, p. 63-72 |
| Asiasana: | BOND MARKETS INVESTMENT ANALYSIS RETURN ON INVESTMENT |
| Kieli: | eng |
| Tiivistelmä: | Extension of the research on low-grade bond defaults related to bond investment decisions, age, default rates and time dependency. 1977 bonds underwritten, and final price. Return on investment. Cash flows. Default rates and bond age. Three Tables and two Figures illustrate the article. The Appendix gives five Tables describing junk bonds issued in 1978, final price and performance. A Glossary of terms is given. |
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