1 Credit Risk Analysis. 2 What is a bond? A long-term debt instrument in which a borrower agrees to make payments of principal and interest, on specific.
2-1 Copyright (C) 2000 by Harcourt, Inc. All rights reserved. Chapter 2 The Financial Environment: Markets Institutions Interest Rates and Taxes Copyright.
5 - 1 Copyright © 2002 by Harcourt, Inc.All rights reserved. CHAPTER 5 The Financial Environment: Markets, Institutions, and Interest Rates Financial markets.
1 - 1 The Top 5 Banking Companies in the World, 12/2001 Bank NameCountry CitigroupU.S. Deutsche Bank AGGermany Credit SuisseSwitzerland BNP ParibasFrance.
Chapter 2 The Financial Environment Markets Institutions Interest Rates Fin 220 Dr. Batool Asiri Sept 2010 © 2005 Thomson/South-Western.
Finance Chapter 4 The financial environment: markets, institutions, & interest rates.
The Fundamentals of Bond Valuation
Chapter 16