Convertible bond is a mixed financial tool, it concurring has the character of bond and stock.
可转换债券作为一种混合型的金融衍生工具,其性质中同时存在着债性和股性。
It USES the model to realize the interval forecast for market price of the W convertible bond.
提出了一种适用于预测可转换债券价格运行区间的GM包络模型。
Then we analyzed the property of convertible bond, composition of value and corresponding item.
然后分析了可转换债券的性质、价值构成及相应的条款。
The third section introduces the modern analyzing method of the convertible bond pricing methods.
在第三节中,我们将引入可转换债券定价的现代分析方法。
We have studied the impact on company's stock price of issue of the convertible bond in this text.
本文我们研究了可转债的发行对公司股价的影响。
The study on convertible bond is extremely broad and deepen no matter in international and domestic.
对可转换债券的研究,无论国际国内,涉足的领域极其宽广而且深入。
As a new refinancing instruments of quoted company, convertible bond adds energy to securities business.
上市公司可转换债券作为一种新的上市公司再融资工具,为我国的证券市场增添了活力。
Using option pricing method, this article obtained a new pricing model of convertible bond with credit risk.
利用期权定价方法对可转换债券进行定价,并得到了一个考虑违约风险的可转换债券定价新模型。
The convertible bond is a kind of mid-long-term mixed financial tool which is between the bond and the stock.
可转换债券是一种介于债券与股票之间,兼有债务性与期权性的中长期混合金融工具。
First of all, we examine whether issuance of convertible bond bring abnormal return to company by event study.
首先,我们用事件研究法检验可转债的发行宣告是否会给公司带来异常收益。
We can obtain better results of the double-factor pricing module of the convertible bond with greater precision.
通过径向基函数对可转换债券进行插值,给出可转换债券双因素定价模型的数值解,得到较高的精度。
A convertible bond is normally composed of a bond, a stock call option, a call, a takeover clause and a put, ect.
可转换债券的组成包括债券、股票看涨期权、赎回条款、接管条款和其他例如强制回售等条款。
Especially in the last year, Convertible Bond market was in low tone, and the newly-issuing stock was polled by feet.
特别是近一年来,我国股票市场持续低迷,新发行股票,尤其是欲增发的股票都受到了投资者以脚投票的礼遇。
Convertible bond is the contingent claim not only of the firm value, but also of interest rate and its term structure.
企业可转换债券既是企业市场价值的或有债权,又是利率及其期限结构的或有债权。
Aim the convertible bond value is analyzed on the basis of the traditional theory and its value formula has been given.
摘要目的在传统的可转换债券定价理论的基础上分析可转债的价值,给出了其价值确定公式。
Convertible bond are bonds that are convertible ino shares of common stock, at a fixed price, at the option of the bondholder.
含股票认购权的公司债,可按约定的换股价将债券转换成发行公司的股票。
The main aim of the paper is analyzing the impact of convertible bond arbitrage activity on stock market liquidity and efficiency.
本研究主要的目的是分析可转换债券套利行为对发债公司股票流动性和股票有效性的影响。
Depending on the terms of the convertible bond, also known as the indenture, the bond could convert into a significant number of shares.
根据可转换债券条款(也叫正式凭单),该债券可转换为数量可观的股票。
Thus the market value of a convertible bond tends to fluctuate with the market value of an equivalent number of shares of common stock.
因此,可转换债券的市价会随等值的普通股的市价波动而波动。
Furthermore, it brings forward an approach to estimate the expected conversion rate of convertible bond and makes an empirical research.
此外,本文提出了估计可转债预期转股率的一种方法,并进行了实证研究。
China's convertible bond started in 1992, but has been gradually accepted as a popular refinancing tool by some listed companies till 2002.
我国的可转换债券自1992年开始出现,直到2002年以后才逐渐被一些上市公司认可,将其作为一种常用的再融资工具。
The convertible bond issued to the Singaporean and Middle Eastern investors will yield 9% and convert into 10.5% of UBS's stock in two years.
向新加坡和中东投资者发售的可转换债券的票面利率为9%,可在两年内转换为瑞士银行股票,折合为瑞士银行10.5%的股权。
In Chapter 2, we compare the classic theory about option pricing in convertible bond. We clarified the reason of using binomial -tree model.
第二章比较和归纳了可转换债券期权部分价格确定的经典理论,阐明了本文采用二叉树模型的原因。
In the European and US convertible bond market, for example, hedge funds now account for some 60 to 70 per cent of activity, according to bankers.
例如,银行家们表示,在欧洲和美国的可转换债券市场,对冲基金目前占据了大约60%至70%的份额。
As convertible bond has double characteristics, we divide the value of convertible bonds two part: the value of bond and the value of option.
由于可转换债券的双重特性,我们将其价值分为两部分:债券价值部分和期权价值部分。
In chapter three, this paper discuss the theoretic assume which calculate the original conversion price of convertible bond through B-S Model.
本文的第三章详细探讨了运用B - S模型确定可转换债券初始转换价格的理论设想。
The talks may bring about a complex deal that would allow Chinalco to raise its stake in Rio over 11% through the purchase of a convertible bond.
双方谈判的结果可能会促成一项复杂的交易,使得中国铝业通过收购可转债的方式增加对力拓股份的持有至超过11%。
The talks may bring about a complex deal that would allow Chinalco to raise its stake in Rio over 11% through the purchase of a convertible bond.
双方谈判的结果可能会促成一项复杂的交易,使得中国铝业通过收购可转债的方式增加对力拓股份的持有至超过11%。
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