rating-agencies
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P1.T4.916. Predicting sovereign default (Damodaran)
Learning objectives: Describe the consequences of sovereign default. Describe factors that influence the level of sovereign default risk; explain and assess how rating agencies measure sovereign default risks. Describe the advantages and disadvantages of using the sovereign default spread as a...- Nicole Seaman
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- sovereign-default sovereign-default-risk sovereign-default-spread
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- Forum: FRM® Practice Questions
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P2.T6.703 Structural versus Reduced-form credit risk approaches (DeLaurentis)
Learning outcomes: Describe rating agencies’ assignment methodologies for issue and issuer ratings. Describe the relationship between borrower rating and probability of default. Compare agencies’ ratings to internal experts-based rating systems. Distinguish between the structural approaches and...- Nicole Seaman
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- delaurentis probability-of-default reduced-form-approaches structural-approaches
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- Forum: FRM® Practice Questions