{"product_id":"9780071746687","title":"Leveraged Financial Markets: A Comprehensive Guide to Loans, Bonds, and Other High-Yield Instruments","description":"\u003cp\u003ePublic companies acquire most of their outside capital from debt fi nancing and, more specifi cally, leveraged finance—an asset class that falls somewhere between traditional fixed income and stocks. While this type of\u003c\/p\u003e\u003cp\u003edebt fi nancing carries significant risk to both investors\u003c\/p\u003e\u003cp\u003eand companies, the potential returns make leveraged finance a cornerstone of the modern financial markets.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eLeveraged Financial Markets\u003c\/i\u003e is a gathering of the most astute and informed minds in the business.\u003c\/p\u003e\u003cp\u003eThe powerhouse editorial team of William F. Maxwell and Mark R. Shenkman have handselected contributions from the top practitioners and thinkers working in leveraged finance today.\u003c\/p\u003e\u003cp\u003eThe result is an authoritative guidebook that provides\u003c\/p\u003e\u003cp\u003eyou with what you need to navigate the highyield market in the integrated global economy. Packed with a wealth of analytical models illustrating the realities of distress probabilities and losses in default, \u003ci\u003eLeveraged Financial Markets\u003c\/i\u003e gives you all the insight and strategies you need to:\u003c\/p\u003e\u003cul\u003e \u003cli\u003eUse the Sharpe ratio to measure the return versus risk for high-yield debt \u003c\/li\u003e\n\u003cli\u003eDevelop and oversee a portfolio of high-yield bonds \u003c\/li\u003e\n\u003cli\u003eValue individual high-yield issuances\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eIt also updates you on changes in the high-yield bond market and features in-depth coverage of numerous debt vehicles leveraged in the market today, including collateralized debt obligations (CDOs), credit derivative swaps (CDSs), collateralized loan obligations (CLOs), and\u003c\/p\u003e\u003cp\u003eleveraged loans.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eLeveraged Financial Markets\u003c\/i\u003e is your blueprint to\u003c\/p\u003e\u003cp\u003ebecoming a virtuoso of this resilient and popular asset class.\u003c\/p\u003e","brand":"Maurizio De Bona","offers":[{"title":"Default Title","offer_id":47011455107312,"sku":"9780071746687","price":94.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780071746687_p0.jpg?v=1763636835","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780071746687","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}