Pricing of Covered Warrants: An Analysis on Borsa İstanbul
نویسندگان
چکیده
منابع مشابه
Pricing Turbo Warrants
We numerically price the financial contracts named turbo warrant that were released early in 2005. They have been studied mathematically in [3] where explicit pricing formulas for the Geometric Brownian motion were derived. For more general underlying stochastic processes we have no analytical formulas and numerical methods are necessary. In this work two different methods are compared, stochas...
متن کاملPricing Installment Options with an Application to ASX Installment Warrants
Installment options are Bermudan-style options where the holder periodically decides whether to exercise or not and then to keep the option alive or not (by paying the installment). We develop a dynamic programming procedure to price installment options. We derive the range of installments within which the installment option is not redundant with the European contract. Simulations analysis show...
متن کاملPricing American Perpetual Warrants by Linear Programming
A warrant is an option that entitles the holder to purchase shares of a common stock at some prespecified price during a specified interval. The problem of pricing a perpetual warrant (with no specified interval) of the American type (that can be exercised any time) is one of the earliest contingent claim pricing problems in mathematical economics. The problem was first solved by Samuelson and ...
متن کاملPricing Covered Bonds
Covered bonds1 have emerged as a potentially preferred funding vehicle from the credit crisis, and they were already a major part of many European financial systems. Although some prices are directly available on, for example Bloomberg2, there is no detailed examination of how covered bonds should be priced taking into account the features that make them attractive to investors: i.e. over-colla...
متن کاملan infinite planar array of rectangular microstrip patch antenna analysis
the methods which are used to analyze microstrip antennas, are divited into three categories: empirical methods, semi-empirical methods and full-wave analysis. empirical and semi-empirical methods are generally based on some fundamental simplifying assumptions about quality of surface current distribution and substrate thickness. thses simplificatioms cause low accuracy in field evaluation. ful...
15 صفحه اولذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Sosyoekonomi
سال: 2018
ISSN: 1305-5577
DOI: 10.17233/sosyoekonomi.2018.03.11