Interest Rate Modeling and the Risk Premiums in Interest Rate Swaps (The Research Foundation of AIMR and Blackwell Series in Finance)

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. BookmarkTitle:......Page 1 BookmarkTitle:......Page 2 BookmarkTitle:......Page 3 BookmarkTitle:......Page 4 BookmarkTitle:......Page 5 BookmarkTitle:......Page 6 BookmarkTitle:......Page 7 BookmarkTitle:......Page 8 BookmarkTitle:......Page 9 BookmarkTitle:......Page 10 BookmarkTitle:......Page 11 BookmarkTitle:......Page 12 BookmarkTitle:......Page 13 BookmarkTitle:......Page 14 BookmarkTitle:......Page 15 BookmarkTitle:......Page 16 BookmarkTitle:......Page 17 BookmarkTitle:......Page 18 BookmarkTitle:......Page 19 BookmarkTitle:......Page 20 BookmarkTitle:......Page 21 BookmarkTitle:......Page 22 BookmarkTitle:......Page 23 BookmarkTitle:......Page 24 BookmarkTitle:......Page 25 BookmarkTitle:......Page 26 BookmarkTitle:......Page 27 BookmarkTitle:......Page 28 BookmarkTitle:......Page 29 BookmarkTitle:......Page 30 BookmarkTitle:......Page 31 BookmarkTitle:......Page 32 BookmarkTitle:......Page 33 BookmarkTitle:......Page 34 BookmarkTitle:......Page 35 BookmarkTitle:......Page 36 BookmarkTitle:......Page 37 BookmarkTitle:......Page 38 BookmarkTitle:......Page 39 BookmarkTitle:......Page 40 BookmarkTitle:......Page 41 BookmarkTitle:......Page 42 BookmarkTitle:......Page 43 BookmarkTitle:......Page 44 BookmarkTitle:......Page 45 BookmarkTitle:......Page 46 BookmarkTitle:......Page 47 BookmarkTitle:......Page 48 The focus of this research is on improving understanding of the consequences of using interest rate swap contracts, as well as related contracts.