An Analysis of Preferred Equity Redemption Cumulative Stock

This dissertation examines whether Percs, Preferred Equity Redemption Cumulative Stocks, are properly priced regarding to the relevant securities, such as the underlying common stock, the long-term call option of the stock, and so on. Test results indicate that Percs were overpriced with respect to...

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Bibliographic Details
Main Author: Pu, Hansong
Other Authors: Kensinger, John W.
Format: Others
Published: University of North Texas 1994
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