Analysis of pricing model for convertible bond
Journal Title: Економіка. Фінанси. Право - Year 2017, Vol 4, Issue
Abstract
A pricing model for convertible bond which is based on Cox-Ingersoll-Ross model for interest rate is investigated. A solution to the price bonds dynamic equation was obtained based on a known model of quantum mechanics. Consistency of the model depending on input parameters is investigated. A formula for European-style price of a convertible bond in case of zero correlation of Wiener processes is given.
Authors and Affiliations
Vasyl Stepanovych Yanishevskyi
Keywords
Related Articles
- EP ID EP593256
- DOI -
- Views 66
- Downloads 0
Accounting and analytical of the management of enterprise perfomance
In article features of formation of registration and analytical providing at the enterprise are considered, tasks, a perspective and importance of formation of providing for management of results of activity of the enter...
Organization of financial statements’ auditing
The present article is dedicated to sequence of the audit of the financial statements. The article systematizes and clarifies the stages of the audit of financial statements following of the audit objectives. Studied in...
The service of court officers in terms of proceedings for judicial reform
The analysis of the legal status of court officers was done. Reveals functional load and appointment of court officers in local courts were disclosed. The scientific discussion on the rationale for the service of court o...
Constitutional nature of the president’s veto
The article deals with the peculiarities of the legal nature of the veto of the head of state in the context of their systemic relationship with the constitutional and legal status of the President of Ukraine. The advanc...
Studying international competitiveness factors of the Ukrainian garment industry and prospects of its development through performing FEA
The article is devoted to identifying prospects of the garment industry enterprises’ development through performing foreign economic activity and factors determining international competitiveness of the industry. The wor...