A valuation method of the minimum acceptance price in corporate bond initial public offering with "shadow price"

被引:0
|
作者
Su, WL [1 ]
Li, T [1 ]
机构
[1] Dalian Univ, Coll Business Adm, Dalian 116622, Peoples R China
关键词
shadow price; corporate bond; acceptance price;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
In view of the low price in corporate bond initial public offering, the paper is based on the use of the capital raised in producing enterprise, then values the minimum acceptance price of corporate bond by "shadow price" of the resources in enterprise. Thus, the complex pricing problem that puzzles. the bond underwriters can be solved properly by the price valued here.
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页码:1486 / 1490
页数:5
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