Title of article
Modifying the BlackScholes model to valuate preemption right
Author/Authors
Consigli ، Giorgio University of Bergamo , Rahnamay Roodposhti ، F. Islamic Azad University, Tehran Branch , Babaei Falah ، Amin Islamic Azad University, Tehran Branch
Pages
5
From page
1
To page
5
Abstract
In this paper, we try and valuate preemption rights by modifying the Black-Scholes model, which is widely used to valuate options and other derivatives. Here we first present the basics of the Black-Scholes model and then we discus modification of the model to be fit for preemption right valuation. At the end, we valuate four of the preemptive rights using the proposed model
Keywords
Modified Black , Scholes Model , Valuation , preemptive right , derivatives
Journal title
International Journal of Finance and Managerial Accounting
Serial Year
2016
Journal title
International Journal of Finance and Managerial Accounting
Record number
2475163
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