Review the resources and research credit risk, so you will better understand the benefits and detractors of credit risk

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. Please ensure you include the impacts of interest rates on derivative products.
3. Identify the positives and negatives of credit risk and how could you apply credit to your benefit?
    

Support your paper with minimum of five (5) resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
 

Length: 5-7 pages not including title and reference pages. APA Format