Introducing the High Yield Debt Market.
The Anatomy of the High Yield Debt Market.
New Issues, Characteristics and Underwritings.
Investor Attractions: Mutual Fund and Other Investor Activities.
Default Rates on High Yield Debt.
Assessing Credit Quality and Default Risks.
Mergers and Acquisitions -- Recent Experience and Leverage Issues.
Portfolio Strategies in the High Yield Debt Market.
Testing of Investment Strategies.
Data Base Characteristics and Calculations.
Contribution of Total Return From Coupon (C) and Price Changes (P).
Duration and Zero Coupon Bond Equivalency.