DocumentCode
2413952
Title
Empirical Analysis of Separable Convertible Pricing
Author
Chen Hongming ; Gao Yuanyuan
Author_Institution
Sch. of Economic & Manage., Changsha Univ. of Sci. & Technol., Changsha, China
fYear
2010
fDate
7-9 May 2010
Firstpage
3959
Lastpage
3962
Abstract
This paper mainly choose three issued separate stock options and bond trading of convertible bonds which issued in 2008 in China: samples as follows, State Power CWB1, COSCOL and Baosteel CWB1,and from a empirical point of view to analysis the price of these bonds and warrants. Obtained the conclusions that the bond portion has the investment value, analysis the reason of some theoretical warrant price and actual price´s deviation.
Keywords
commerce; pricing; Baosteel CWB1; COSCOL; State Power CWB1; bond trading; convertible bonds; investment value; price deviation; separable convertible pricing; stock options; warrant price; Analytical models; Biological system modeling; Economic indicators; Europe; Face; Investments; Pricing; BS model; detachable convertible bonds; warrants;
fLanguage
English
Publisher
ieee
Conference_Titel
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-0-7695-3997-3
Type
conf
DOI
10.1109/ICEE.2010.994
Filename
5591564
Link To Document