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  1. H

    Merton model, a summary of the issues

    Thanks Mr. David Harper.... :-)... your explanation is very clear...tqvm!
  2. H

    Merton model, a summary of the issues

    thanks Mr. David Harper..i'm very appreciate it...for your information, I have read some literature even in 2011...found that the prediction of KMV model still reflect to the environment factor..as what you said...what kind of company specific issue,Mr. David Harper?....
  3. H

    Merton model, a summary of the issues

    Hi all, I just want to ask one question....what is the general issue of structural/KMV models or KMV Merton currently?...is it still have problem to calculate default probabilities accurately?...thanks in advance...i really need help right now...
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