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.

Investing in Junk Bonds: Inside the High Yield Debt Market

Business & Money

Altman, Edward I.

Nammacher, Scott A.

Economics

wiley

Details the rise and operation of the high yield debt market as illustrated by the "junk" bond.

Beard Books Inc

See the best price to sell, buy, or rent books by Nammacher, Scott A.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Nammacher, Scott A.

See the best price to sell, buy, or rent books by Nammacher, Scott A.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Investing in Junk Bonds: Inside the High Yield Debt Market

Investing in Junk Bonds: Inside the High Yield Debt Market