可转换债券的效用无差别定价

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10、ilityindifferencepricingofconvertiblebondsTheutilityindifferencepricingofconvertiblebondsAbstractWithincreasinglyfiercecompetitioninthecapitalmarket,increasingfinancingcost-s,withalowercouponrateconvertiblebondsbyenterprise’sfavorite.Simultaneously,theconvertiblebondisfi

11、nancialinstrumentsthattheequityinvestorsandbondinvestorsareinvolvedin.ThereforeChineseconvertiblebondmarketisdevelopingveryrapidlyinrecentyears.Learnfromforeignconvertiblebondsmaturetheoriesaboutpricing,PricingandappliedresearchonconvertiblebondsinlinewithChinesenational

12、conditionshaveagreatroleinpromoting.Pricingconvertiblebondsathomeandabroadaboutthemain:factorsaffectingthecompany’sassetsasastructuredapproachandthecompany’sstockpriceastheinfluencingfactorsofreductionmethod.Theyhaveadvantagesanddisadvantages,takingintoaccountthecharacte

13、risticsoftheChinesemarket,thevalueofthecompany’sassetsandstockpricesinmanycaseswasnotsignificantlyrelat