This monograph addresses the return side of the decision to use interest rate swaps or other interest-rate-contingent claims. Because the economic costs of decisions related to a company's policies toward debt maturities are important to stock price performance, the analysis in this monograph has practical implications for investment analysts. Brooks demonstrates how an at-the-market swap with a risk premium can have a significant impact on the expected return from using the swap.
- ISBN10 0943205387
- ISBN13 9780943205380
- Publish Date 15 January 1991
- Publish Status Out of Stock
- Out of Print 21 May 2007
- Publish Country US
- Imprint Research Foundation of the Association for Investment Management & Research
- Format Paperback
- Pages 48
- Language English