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- W2137056391 abstract "This statement presents the usual perception of bond risk. It is striking in that it does not discuss what is, from a portfolio theoretic view, the risk of a bond––the covariance of its return with the returns of other assets. This is in contrast to the typical discussion of the riskiness of common stocks, where we find some discussion of systematic risk and the role it plays in determining equilibrium expected security returns." @default.
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- W2137056391 date "1981-09-01" @default.
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- W2137056391 title "The Systematic Risk of Corporate Bonds" @default.
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