【PPT精品课件】货币金融学7版英文课件--6-大学课件20.pptxVIP

Chapter 6The Risk and Term Structure of Interest Rates? 2005 Pearson Education Canada Inc.Risk Structure of Long-Term Bonds in Canada? 2005 Pearson Education Canada Inc.Increase in Default Risk on Corporate Bonds? 2005 Pearson Education Canada Inc.Analysis of Figure 6-2: Increase inDefault Risk on Corporate BondsCorporate Bond Market1. Re on corporate bonds ?, Dc ?, Dc shifts left2. Risk of corporate bonds ?, Dc ?, Dc shifts left3. Pc ?, ic ?Canada Bond Market4. Relative Re on Canada bonds ?, DT ?, DT shifts right5. Relative risk of Canada bonds ?, DT ?, DT shifts right6. PT ?, iT ?Outcome:Ris