Convertible Unsecured Loan Stocks
10 Pages Posted: 5 Apr 2010
This case concerns an analyst who must value a new type of derivative. Three versions of the derivative are described in the case, each requiring a different valuation approach. The case is an exercise in thinking about what the payoff of a derivative is and, based on that, how it should be valued.
Keywords: option valuation, derivatives
Suggested Citation: Suggested Citation