摘要
企业在发行可转换债券时合理确定其理论价值十分重要。B-S模型是在种种假定条件下,得出转债理论价格近似解析解。相对于多因素模型而言,运用B-S模型求解可转换债券理论价格简单易行。
It is very important for enterprise to reasonably evaluate its theoretical value in issuing its changeable bonds. The approximate solution of changeable bonds theoretical value of B-S model is arrived under all kinds of supposed conditions. Compared with multi-factor model, it is easier to evaluate its value in operating B-S model.
出处
《安徽工业大学学报（社会科学版）》
2009年第2期31-33,共3页
Journal of Anhui University of Technology：Social Sciences
