Assignment
Review the resources and research credit risk, so you will better understand the benefits and detractors of credit risk. Respond to the following points:
1. Evaluate the need for credit risk and current strategies for measuring and managing such a practice within financial institutions.
2. Support the value of credit derivatives for financial institutions. Ensure you include the impacts of interest rates on derivative products.
Identify the positives and negatives of credit risk and how could you apply credit to your benefit?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.