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The effect of stochastic interest rates on a firm’s capital structure under a generalized model

✍ Scribed by Chang, Chuang-Chang; Lin, Jun-Biao; Yang, Chun-Chieh


Book ID
125368506
Publisher
Springer US
Year
2014
Tongue
English
Weight
771 KB
Volume
45
Category
Article
ISSN
0924-865X

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Accounting for stochastic interest rates
✍ Alexander Van Haastrecht; Antoon Pelsser 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 366 KB 👁 1 views

factors explicitly into account for a proper valuation and risk management of these securities. The performed analysis is facilitated by deriving closed-form formulas for the valuation of forward starting options, hereby taking the stochastic volatility, stochastic interest rates as well the depende