AN ESTIMATION OF EARLY EXERCISE PREMIUM FOR AMERICAN PUT OPTIONS
This study empirically examines the value ofearly exercise and tests an American put valuation models ability to predict the value ofearly exercise for American put options. This study performs three tests ofthe MacMillan (1986) and Barone-Adesi and Whaley (1987) American put valuation model: an acc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
People & Global Business Association (P&GBA)
2000-03-01
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| Series: | Global Business and Finance Review |
| Subjects: | |
| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150625112033-U2NS5.pdf |