Mechanism of Credit Guarantee Pricing in Finance Trade

This paper, based on the perspective of financial option, introduces the risk pricing into the credit guarantee field and creates the guarantee pricing model. Concerning the most contribution, it derives the Black-Scholes theory from the finance perspective,and also gives the application method to compute the guarantee price. It develops and deepens the theory of credit guarantee pricing, which possesses extremely important significance theoretically and practically to the scientific practice of credit guarantee.