This article presents a contingent claim valuation of a callable convertible bond with the issuer's credit risk. The optimal call, voluntary conversion, and bankruptcy strategies are jointly determined by shareholders and bondholders to maximize the equity value and the bond value, respectively. Thi
✦ LIBER ✦
Models for the Valuation of International Convertible Bonds
✍ Scribed by L. Peter Jennergren; Bertil Näslund
- Book ID
- 110943295
- Publisher
- John Wiley and Sons
- Year
- 1990
- Tongue
- English
- Weight
- 865 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0954-1314
No coin nor oath required. For personal study only.
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