Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2008 | 3(39) | 189-198

Article title

SOME ASPECTS OF DEBT SECURITIES VALUATION IN DISCRETE TIME

Authors

Title variants

Languages of publication

EN

Abstracts

EN
The work concerns valuation of debt securities without many simplifying assumptions. For example, for coupon bonds we assume, that coupon periods are not equal and yield curve is not flat, pricing is accomplished with and without assumption about reinvestment of coupon payments. In practice, on capital market, coupon rates are linear function of forward rates, so some formulae for intrinsic value of bonds are given in this case and their properties are discussed.

Year

Issue

Pages

189-198

Physical description

Document type

ARTICLE

Contributors

  • Andrzej Karpio, Szkola Gl√≥wna Gospodarstwa Wiejskiego, ul Nowoursynowska 166, 02-787 Warszawa, Poland

References

Document Type

Publication order reference

Identifiers

CEJSH db identifier
09PLAAAA066213

YADDA identifier

bwmeta1.element.58b290f5-3903-3339-bdd9-2eca52c6c26c
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.