广义Black-Scholes模型下关于可转股债券的定价公式

Pricing in Convertible Bonds on Black-Scholes Model

应用随机分析中的鞅方法,在广义Black-Scholes定价模型下,应用资产定价基本定理和Girsanov定理给出可转股债券定价公式,有助于参与者制定成功的融资方案,同时进行有效的风险管理.

In this paper,useing martingale way to price the convertible bonds,such as Black-Scholes model,Girsanov theorem and fundamental theorem, the asset pricing is given. Learning pricing in convertible bonds is beneficial to the successful investment strategy of financing and the risk is managed effectively.