Valuation of Convertible Bonds When Investors Act Strategically
- Indbinding:
- Paperback
- Sideantal:
- 217
- Udgivet:
- 30. marts 2004
- Udgave:
- 12004
- Størrelse:
- 210x148x12 mm.
- Vægt:
- 295 g.
Leveringstid:
8-11 hverdage
Forventet levering: 20. november 2024
Beskrivelse af Valuation of Convertible Bonds When Investors Act Strategically
Christian Koziol shows that various conversion strategies for convertible bonds can be optimal which result in different values for stocks and convertible bonds. A comparative static analysis examines the differences between the properties of the optimal conversion strategies and between the asset values for three conversion variants.
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