Applying BDT Model in Pricing Option Embedded Bonds--- Empirical Results in Taiwan Market
碩士 === 淡江大學 === 財務金融學系 === 90 === This article concentrates on the effectiveness of the Black, Derman, and Toy (1990; henceforth BDT) term structure model in pricing option embedded bonds. The BDT model has been popular among practitioners for its easy of calibration and straightforward solutions....
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2002
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/72459288270291744246 |