摘要
可转换公司债券兼具债券、股票和期权3个方面的部分特征,再加上可转债的赎回条款和回售条款,使其定价更为复杂.利用二叉树模型,给出了附有赎回条款和回售条款的可转债的定价方法,分析了赎回条款和回售条款对可转债的影响.
Convertible bonds poccess concurrently certain characteristics of bonds, stock and options, in additionto, owing to their callability and puttability, it is more complicated to price them. The pricing method of convertible bonds with consideration of callability and puttability was discussed by use of binomial model and the influence of callabity and puttability on convertible bonds was studied.
出处
《上海理工大学学报》
EI
CAS
北大核心
2008年第6期543-546,共4页
Journal of University of Shanghai For Science and Technology
基金
上海市高校选拔培养优秀青年教师科研专项基金
