Valuation of convertible bonds when investors act strategically / Christian Koziol

Author : Koziol, Christian
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Valuation of convertible bonds when investors act ...

Convertible bonds are interest bearing securities that can be converted into stocks. Therefore, the investors' strategy is a fundamental pricing factor. It is particularly important whether a firm has debt outstanding in addition to convertible bonds and stocks, because the conversion decision results in a wealth transfer between debt and stock holders

Publisher : Wiesbaden : Deutscher Universitätsverlag
Publish Year : 2004
Page : XVII, 200 p
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