hello I'm in the year to have my bachelor in economics and finance 
I need help to understand the Cds pricing and the reduced form model ( Markov chains)
more precisely I need to price the default leg the contingent leg and then by equalizing them I need to find the spread
I really need your helps I'm working on it for 2 months
				
			I need help to understand the Cds pricing and the reduced form model ( Markov chains)
more precisely I need to price the default leg the contingent leg and then by equalizing them I need to find the spread
I really need your helps I'm working on it for 2 months
 
				