Business Cycle And Convertible Bonds
碩士 === 國立交通大學 === 財務金融研究所 === 99 === This paper takes account of the business cycle and uses a contingent-claim model to price convertible bonds. After issuing a convertible bond, the firm chooses the optimal bankruptcy strategy in order to maximize the value of shareholder equity. The bondholder ex...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/76160860906082216764 |