dc.contributor.author | Cayon-Fallon, Edgardo | spa |
dc.contributor.author | Sarmiento-Sabogal, Julio | spa |
dc.date.accessioned | 2014-04-25T04:03:22Z | |
dc.date.accessioned | 2015-07-08T20:37:49Z | |
dc.date.accessioned | 2017-02-08T18:38:14Z | |
dc.date.accessioned | 2017-08-12T15:42:26Z | |
dc.date.available | 2014-04-25T04:03:22Z | |
dc.date.available | 2015-07-08T20:37:49Z | |
dc.date.available | 2017-02-08T18:38:14Z | |
dc.date.available | 2017-08-12T15:42:26Z | |
dc.date.issued | 2008-09-05 | |
dc.identifier.uri | http://hdl.handle.net/10726/234 | |
dc.description.abstract | The purpose of this paper is to clarify some of the difficulties that a practitioner may find in implementing the binomial model for valuing a corporate bond with multiple embedded options in emerging markets. Especially, when faced with the dilemma of determining which should be the proxy variables for the risk-free rate, sovereign risk and country specific risk. | spa |
dc.format.mimetype | application/pdf | eng |
dc.language.iso | eng | |
dc.title | A Methodological Approach for the Valuation of Callable Bonds in Emerging Markets: The TGI example (Borrador de administración No. 9) | eng |
dc.type | info:eu-repo/semantics/other | eng |
dc.rights.accessrights | info:eu-repo/semantics/openAccess | |
dc.subject.lemb | Valuation | eng |
dc.subject.lemb | Callable bonds | eng |
dc.type.spa | Borradores de Administración | spa |
dc.rights.local | Abierto (Texto Completo) | spa |
dc.type.version | info:eu-repo/semantics/acceptedVersion | |
dc.identifier.instname | instname:Colegio de Estudios Superiores de Administración - CESA | spa |
dc.identifier.reponame | reponame:Biblioteca Digital – CESA | spa |
dc.identifier.repourl | repourl:https://repository.cesa.edu.co/ | |
dc.relation.references | Cox, J. Ross, S., and Rubinstein, M. (1979). “Options Pricing: A simplified Approach,” The Journal of Financial Economics, 7 (September), 229-263. | eng |
dc.relation.references | Dolly King, Tao-Hsien. “An Empirical Examination of Call Option values Implicit in U.S. Corporate Bonds”. Journal of Financial and Quantitative Analysis, 37 (2002), 693-720. | eng |
dc.relation.references | Edleson et al. “Are Negative Put and Call Option prices Implicit in Callable Treasury Bonds?”. Working paper, Harvard Business School (1993). | eng |
dc.relation.references | Eichengreen, Barry and Ashoka Mody. “What Explains Changing Spreads on Emerging market debt: Fundamentals or Market Sentiment?” In Sebastian Edwards, ed., Capital Inflows to Emerging markets. Chicago: University of Chicago press, 1999. | eng |
dc.relation.references | Erb et al. “New perspectives on Emerging Market Bonds”. The Journal of Portfolio Management, Winter 1992, 83-92. | eng |
dc.relation.references | Henderson, Tamara Mast (2003). Fixed Income Strategy (1st edition).West Sussex, England, John Wiley and Sons. | eng |
dc.relation.references | Lamothe Fernández, Prosper y Miguel Pérez Somalo ( 2003). Opciones Financieras y Productos Estructurados(2da. Edición). Madrid, España: McGraw Hill. | spa |
dc.relation.references | Longstaff, F.A. “Are Negative Option Prices Possible? The Callable U.S. Treasury Bond Puzzle.” Journal of Business, 65 (1992), 571-592. | eng |
dc.relation.references | Rubio, Fernando, "Valuation of Callable Bonds: The Salomon Brothers Approach" (July 2005). Available at SSRN: http://ssrn.com/abstract=897343 | eng |
dc.relation.references | Wong, Anthony M. (1993) Fixed income Arbitrage: Analytical techniques and Strategies (1st edition).West Sussex, England, John Wiley and Sons | eng |
dc.contributor.orcid | Cayon-Fallon, Edgardo [0000-0002-4113-5521] | |
dc.contributor.scopus | Cayon-Fallon, Edgardo [56395390800] | |