Specifics of valuation of hybrid securities

被引：0

作者：

Hrvol'ova, Bozena ^{[1
]}

机构：

[1] EU, FPM, Katedra Podnikovych Financii, CSC, Bratislava, Slovakia

来源：

FINANCIAL MANAGEMENT OF FIRMS AND FINANCIAL INSTITUTIONS: 10TH INTERNATIONAL SCIENTIFIC CONFERENCE, PTS I-IV | 2015年

关键词：

Hybrid securities; convertible bonds; bonds with warrants; valuation; intrinsic value;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

To a group of hybrid (synthetic) securities include, for example, convertible bonds and bonds with warrants (pre-emptive). Convertible bonds and bonds with warrants are innovations that combine the features of several securities - bonds and shares. Post discusses the advantages of these securities to the investor and the issuer of the specifics of their valuation, as well as on investors' decisions, or in the case of convertible bonds remain in the position of a creditor or exchange convertible bonds for shares in the company and in the case of bonds with warrants or warrant applied and buy the shares, or to sell it or have it fall through.

引用

页码：396 / 405

页数：10