Convertible Bond
Dynamic Arbitrageurs’ Long Run Impacts on Convertible Bond Issuers’ Stock Prices
... selling, convertible bond, and convertible bond arbitrage ...that convertible bond issue leads efficient investment decisions [16] [17] ...of convertible debt issuers ...
12
A Variational Inequality from Pricing Convertible Bond
... There are many papers on the convertible bond, such as 1, 2, 9. But as we know, there are seldom results on the properties of the free boundaries—the optimal call and conversion strategies in the existing ...
21
Value Creation of Strategic Investors under Convertible Bond Investment—A Case Study of Wharf (Holdings) Limited
... the convertible bond agreement stipulated that strategic investors should obtain board seats and set up investment committees to provide guidance to the company on invest- ment ...vertible bond ...
17
A Summary of Literature: Convertible Bond Issue Announcement Effect
... on convertible bond issue motive theory and then proper variables are selected and interpreted in the ...of convertible bond issue mo- tive, scholars from abroad have deeper researches and put ...
6
Convertible bond valuation in a jump diffusion setting with stochastic interest rates
... Vaˇs´ıˇcek model assuming correlation coefficient ρ = 0.2 between the Brownian motions driving the interest rate process and the continuous part of the firm value process. In Table 4, we also report the CB prices ...
24
“Pecking order” of Chinese capital market: Effects of convertible bonds’ issue announcements
... Table 2 demonstrates that the median size CBs issuer is a large-sized firm of China in the Chinese market, and the value of its total assets is 3.47 billion RMB. Convertible bond issuers have low growth ...
21
Dynkin games with Poisson random intervention times
... Traditionally, convertible bond models often assume that both the bond holder and the firm are allowed to stopped at any stopping time adapted to the firm’s fun- damental (such as its stock ...the ...
32
The Pricing of Convertible Bonds with a Call Provision
... Convertible bond has the characteristics of the implied stock option, the convertible bond holder once decided to execute the options, it becomes the shareholders of the company, and the right ...
7
Testing Sukuk And Conventional Bond Offers Based On Corporate Financing Theories Using Partial Adjustment Models: Evidence From Malaysian Listed Firms
... venture. Bond offers can be further categorized into straight bonds and convertible ...Conventional bond offerings can be differentiated based on their substance into convertible bond ...
31
Pricing Hybrid Securities: The Case of Malaysian ICULS
... This paper provides an indepth study of Irredeemable Convertible Unsecured Loan Stocks or ICULS. A Malaysian variant of the convertible bond, ICULS are a hybrid security. Despite its long presence ...
35
Simulation for Callable Convertible Discount Bonds with Monte Carlo Method
... between convertible bonds and bank risk-taking. Bank convertible debt has risen rapidly to over 200 billion dollars in the last 5 years because of credit market disruption and spillovers to the real ...CoCo ...
5
Is the Jump Diffusion Model a Good Solution for Credit Risk Modeling? The Case of Convertible Bonds
... all convertible bond models in the market capture, at a minimum, the dynamics of the underlying ...Since convertible bonds are issued mainly by start-up or small companies (while more established ...
38
Tweets About Tornado Warnings: A Spatiotemporal And Content Analysis
... Table 1.2 presents summary statistics for the firm characteristics used to estimate target leverage. The full sample consist of Compustat firms with at least two years of complete balance sheet data and coverage in CRSP. ...
161
A Brief Review: Stage Convertible Power Amplifier Using Differential Line Inductor
... In this review article, a stage-convertible RF power amplifier designed with a 0.18-m RF CMOS process is described. A method to implement a low-power matching network is an essential technology for the ...
6
Structure of Unsupported Small Palladium Nanoparticles
... the bond energy and the CN vary with DTC. The bond energy of each atom is equal to the result of the atomic cohesive energy divided by its ...the bond energy remains ...the bond energy ...
5
The determinants of the accounting classification of convertible debt when managers have freedom of choice
... Finally the contractual terms of the convertible instruments proxy for the economic substance of the instrument. The likelihood of conversion can alter with changes in the share price and changes in interest ...
30
Convertible bonds from the investment and financing perspectives : a thesis presented in fulfilment of the requirements for the degree of Doctor of Philosophy in Finance at Massey University, Palmerston North, New Zealand
... Subsamples Identified by the Conversion Terms .................................... 87 Table 3.7 Market Data for the Sample and Subsamples by Subperiods .................. 90 Table 3.8 Mean Comparison for the Market Data ...
15
Bond Swaps
... Using a standard time-value-of-money formula, these fu- ture streams of tax savings can be converted into today’s dol- lars for a more accurate comparison. The present value of the tax savings, discounted to the current ...
7
From fixed to flexible exchange rates: the case of india
... At this exchange rate there is an excess demand of US dollars to the extent of AB. Had markets been free this excess demand for dollars would have driven up the relative price of dollars and driven down the relative ...
14
BiC2PAM: constraint-guided biclustering for biological data analysis with domain knowledge
... Combination of constraints with nice properties The previous extensions to pattern-growth searches are not able to effectively comply with monotone constraints when anti-monotone constraints (such as minimum sup- port) ...
23