Investing in Junk Bonds

Investing in Junk Bonds

Inside the High Yield Debt Market

Book - 1987
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The first comprehensive guide to the burgeoning, new high-yield debt or ``junk bond'' market. Edward Altman and Scott Nammacher, leading experts on debt financing and co-developers of the Zeta model for predicting business failure, offer sophisticated investors a complete analysis of the high-yield bond market, its anatomy, history, participants, risks and returns. With Altman and Nammacher's Zeta model, investors can gauge the safety of an issue before they commit. This book helps private investors and mutual fund, pension, bank, and insurance money managers make sure their junk bonds don't live up to the name.
Publisher: New York : Wiley, c1987
ISBN: 9780471848868
Branch Call Number: HG4651 .A63 1987x
Characteristics: xiv, 257 p. : ill. ; 24 cm
Additional Contributors: Nammacher, Scott A.


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