Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Valuation of Convertible Bonds when Investors Act Strategically

Valuation of Convertible Bonds when Investors Act Strategically

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783824491322
Condition
New
Product Description

The large volume of literature on convertible bonds addresses two basic complexes of problems: Why and under which conditions do firms issue convertible bonds? What is the fair value of a convertible bond? Christian Koziol's dissertation deals with the second problem. His dissertation differs from the predominant part of the literature in two aspects. First, he explicitly considers the strategic character of the conversion decision, as the timing and the volume of con version affect the wealth of the stockholders and the remaining convertible bond holders. Second, he deals with a more general capital structure, where the firm has subordinated debt outstanding in addition to convertible bonds and stocks. Within this setting, he characterizes and analyzes the optimal conversion strategy and the endogenous prices of convertible bonds, stocks, and the additional debt for three cases: all convertible bonds are held by a monopolist, the convertible bond holders act competitively, and the compet itive bond holders are constrained to convert their bonds in one block. The third variant is typical for the option-theoretic valuation of convertible bonds that uses the typical high contact condition for American options.

Available Colors
Available Sizes
1 Offer Price Range: $39.99 - $39.99
BEST PRICE

Single Product Purchase

$39.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$39.99 $39.99

$39.99
See Site In stock Visit Store

Similar Products

Software Engineering Techniques Applied to Agricultural Systems

$129.00

Panofsky on Physics, Politics, and Peace

$54.99

The Influence of Ratings on International Finance Markets

$59.99

Applied Analysis of Growth, Trade, and Public Policy

$129.99

Ultrashort Light Pulses

$39.99

Fault-Tolerant Message-Passing Distributed Systems

$84.99

Constructive Methods for Elliptic Equations

$34.99

Freizeit

$69.95

Petro-physics and Rock Physics of Carbonate Reservoirs

$44.99

Nanoparticles: An Emerging Technology for Oil Production and Processing Applications

$139.99

Ausflug ins uere Sonnensystem

$37.99

Chip Multiprocessor Architecture

$29.99

The Last Book in the Universe

$6.74

Einfhrung in die Algebra

$49.99

Modern Music-Inspired Optimization Algorithms for Electric Power Systems

$169.00

Leveraging Applications of Formal Methods, Verification and Validation. Adaptation and Learning

$79.99

Software Composition

$39.99

Henbury Craters and Meteorites

$84.99

Das Blaue Buch

$89.99

Event-Marketing

$59.99

Differenz und Integration: Die Zukunft moderner Gesellschaften

$59.99

Globalization and Marketization of Government Services

$109.99

Mapping British Women Writers Urban Imaginaries

$39.99

Statutory Limitations in International Criminal Law

$54.99

Expenditure on Fixed Assets

$74.99

Revolution of Innovation Management

$119.99

Managing Work in the Digital Economy

$64.99

Trees in Algebra and Programming - CAAP '94

$39.99

Die Insulinshockbehandlung der Schizophrenie

$59.99

Generationing Development

$19.99

Kants Theory of Knowledge

$54.99

Medical Statistics

$79.99

Numerical Mathematics and Advanced Applications

$109.00

Agile Kaizen

$54.99

Reverse Logistics

$109.99

Weltuntergang als Erlebnis

$64.99

Private Schools and Public Issues

$44.99

The Rumen Protozoa

$119.00

Klinik und Elektromyographie der Spontanaktivitt des Menschlichen Skeletmuskels

$59.99

Shakespeares Sonnets

$39.99