Defaultable stock
= Defaultable stock
{title2=$\widehat S_t$}
A <stock> model whose price can be killed or reduced at a <default time>. The <zero-recovery default model> combines continuous price dynamics before <default> with a jump to zero.
= Defaultable stock
{title2=$\widehat S_t$}
A <stock> model whose price can be killed or reduced at a <default time>. The <zero-recovery default model> combines continuous price dynamics before <default> with a jump to zero.