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FINANCE 123 - University of New South Wales _ FRA PROJECT (MILESTONE - 1) Predicting Credit Risk ¶
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    FINANCE 123 - University of New South Wales _ FRA PROJECT (MILESTONE - 1) Predicting Credit Risk ¶

  • FINANCE 123 - University of New South Wales _ FRA PROJECT (MILESTONE - 1) Predicting Credit Risk FRA PROJECT (MILESTONE - 1) Predicting Credit Risk ¶ Problem Statement Businesses or companies can fall prey to default if they are not able to keep up their debt obligations. Defaults will lead to a lower credit rating for the company which in turn reduces its chances of getting credit in the future and may have to pay higher interests on existing debts as well as any new obligations. From an inves...
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