Review, theory and implementation of convertible bonds for commercial investment

被引：1

作者：

Kunwar, Raj ^{[1
]}

Yang, Zhihui ^{[2
]}

Lai, Jonathan ^{[3
]}

Cline, Jerrold ^{[2
]}

机构：

[1] GE Capital Amer, Danbury, CT 06810 USA

[2] GE Global Res, Niskayuna, NY 12309 USA

[3] GE Capital Treasury, Stamford, CT 06905 USA

来源：

JOURNAL OF RISK MODEL VALIDATION | 2014年 / 8卷 / 02期

关键词：

VALUATION; SECURITIES; DEBT; RISK;

D O I：

10.21314/JRMV.2014.119

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This technical paper provides a comprehensive literature review of the convertible bond model, as well as discussing the theory behind it and its validation. We analyze several different deal terms of a chosen convertible bond in order to value the embedded optionality of the convertible bond and systematically carry out the model validation of a convertible bond model for commercial investment purposes.

引用

页码：39 / 57

页数：19

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