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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.
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- PublisherWiley
- Publication date1987
- ISBN 10 0471848867
- ISBN 13 9780471848868
- BindingHardcover
- Edition number1
- Number of pages257
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Investing in Junk Bonds
Published by
Wiley
(1987)
ISBN 10: 0471848867
ISBN 13: 9780471848868
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Hardcover
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Book Description Condition: New. First Edition. First Edition thus. Investing in Junk Bonds by Edward I. Altman; Scott A. Nammacher. ISBN:9780471848868. Collectible item in excellent condition. Seller Inventory # 0471848868
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