PD to infer equity cushion

[iagopp]

Hi David,

I was studying the Nocco assignment related to ERM and setting an equity cushion in order to avoid default.

In your slides you go further even than the original Nocco paper, calculating the equity cushion using the PD

Is it possible that you share your calculations? It is no longer an excel file in the study planner?

Thank you in advance

 

[Nicole Seaman]

Hi David,

I was studying the Nocco assignment related to ERM and setting an equity cushion in order to avoid default.

In your slides you go further even than the original Nocco paper, calculating the equity cushion using the PD

Is it possible that you share your calculations? It is no longer an excel file in the study planner?

Thank you in advanceView attachment 1870

Hello @iagopp

If you go to the Topic Review section in the study planner, you will see spreadsheet bundles. The spreadsheet that you are referring to is located within the 7b XLS bundle here: https://learn.bionicturtle.com/topic/learning-spreadsheets-p1-t7-b-xls-bundle/.

Thank you,

Nicole

 

[Lucu0088]

Hello @iagopp

If you go to the Topic Review section in the study planner, you will see spreadsheet bundles. The spreadsheet that you are referring to is located within the 7b XLS bundle here: https://learn.bionicturtle.com/topic/learning-spreadsheets-p1-t7-b-xls-bundle/.

Thank you,

Nicole

Hi Nicole,

I have the same question as iogopp and I cannot find the link as you mentioned above. Could you please advise where can I see the spreadsheet bundles?
Thank you!

 

[David Harper CFA FRM]

Here is the XLS for the above (second sheet) https://www.dropbox.com/s/ry3tfqd304drmsn/7.b.1 Stulz_ERM_target_pd.xlsx?dl=0

 

[Lucu0088]

Here is the XLS for the above (second sheet) https://www.dropbox.com/s/ry3tfqd304drmsn/7.b.1 Stulz_ERM_target_pd.xlsx?dl=0

Thank you very much David!!

 

[Nicole Seaman]

Hi Nicole,

I have the same question as iogopp and I cannot find the link as you mentioned above. Could you please advise where can I see the spreadsheet bundles?
Thank you!

@Lucu0088

You should now be able to see the spreadsheet bundles in the study planner under the Topic Review sections.

 

[Lucu0088]

@Lucu0088

You should now be able to see the spreadsheet bundles in the study planner under the Topic Review sections.

Thank you Nicole!!