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World Scientific Reference On Contingent Claims Analysis In Corporate Finance (In 4 Volumes)

By: France) Crouhy Michel (Natixis (Author) , Israel) Galai Dan (The Hebrew Univ Of Jerusalem (Author) , Israel) Wiener Zvi (The Hebrew Univ Of Jerusalem (Author)

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Ksh 253,150.00

Format: Hardback or Cased Book

ISBN-13: 9789814730723

Publisher: World Scientific Publishing Co Pte Ltd

Publication Date: Mar 14th, 2019

Weight: 4092 grams

Dimension: 26.30 x 18.40 x 12.40 cms

Category: Corporate finance

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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.

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