我国可转换债券的定价模型

On a Price Model of Changeable Bonds

在分析转移价格、比率、利率等因素的基础上,提出了确定转换债券的方法。并对可转换债券的价值构成进行分析,提出了普通价值、转换价值和期权价值的模型,以此为基础建立了我国上市公司可转换债券,并且分析其影响因素。

On basis of analysis of rate interest,price and some factors ,t his paper puts forward to the methods to decide changeable bonds,and analyze th e related value;and to propose a model concerned with the common value,changea ble value and period equity.Thus,a price model of changeable bonds of public corporation in our country is established,and the influ-ential factors are discussed.