Black and Scholes (1973) and Merton (1974) (hereafter referred to as BSM) introduced the contingent claim approach (CCA) to the valuation of corporate debt and equity. The BSM modeling framework is also named the "structural" approach to risky debt valuation.
World Scientific Reference On Contingent Claims Analysis In Corporate Finance (In 4 Volumes)READERSHIP: Postgraduate, Research & Scholarly
ISBN-10: 9814730726
ISBN-13: 9789814730723
Author:
Publisher: World Scientific Publishing Co Pte Ltd
Publication date: March 2019
Format: Hardback
Language: English
Dimensions: 263 x 184 x 124 mm
Weight: 4092 g
Pages: 2036 pages pages
Title: World Scientific Reference On Contingent Claims Analysis In Corporate Finance (In 4 Volumes)