An Option-pricing Approach to Secondary Market Debt
Author | : Stijn Claessens |
Publisher | : World Bank Publications |
Total Pages | : 25 |
Release | : 1990 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book An Option-pricing Approach to Secondary Market Debt written by Stijn Claessens and published by World Bank Publications. This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pricing model for secondary market debt is designed to assess the impact of debt reduction on the value of remaining claims and the market value of different types of guarantees.