Likelihood that a Troubled Firm Will Fail
The user must define the following inputs:
- Coupon Rate
- Maturity of bond
- Riskfree rate
- Market price of bond
Note: this model is being shared with the authorization of Professor Aswath Damodaran from NYU Stern Business School (www.damodaran.com)
- Coupon Rate
- Maturity of bond
- Riskfree rate
- Market price of bond
Note: this model is being shared with the authorization of Professor Aswath Damodaran from NYU Stern Business School (www.damodaran.com)