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A Contingent Claim Pricing Model for Valuing Non-Recourse Loan Programs and Target Prices

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  • Turvey, Calum G.
  • Brorsen, B. Wade
  • Baker, Timothy G.

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  • Turvey, Calum G. & Brorsen, B. Wade & Baker, Timothy G., 1988. "A Contingent Claim Pricing Model for Valuing Non-Recourse Loan Programs and Target Prices," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270319, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea88:270319
    DOI: 10.22004/ag.econ.270319
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    References listed on IDEAS

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    1. Robert C. Merton, 2005. "Theory of rational option pricing," World Scientific Book Chapters, in: Sudipto Bhattacharya & George M Constantinides (ed.), Theory Of Valuation, chapter 8, pages 229-288, World Scientific Publishing Co. Pte. Ltd..
    2. Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
    3. Beckers, Stan, 1981. "Standard deviations implied in option prices as predictors of future stock price variability," Journal of Banking & Finance, Elsevier, vol. 5(3), pages 363-381, September.
    4. Glaser, Lewrene K., 1986. "Provisions of the Food Security Act of 1985," Agricultural Information Bulletins 309344, United States Department of Agriculture, Economic Research Service.
    5. Bruce L. Gardner, 1977. "Commodity Options for Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(5), pages 986-992.
    6. Marcus, Alan J. & Modest, David M., 1986. "The Valuation of a Random Number of Put Options: An Application to Agricultural Price Supports," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 21(1), pages 73-86, March.
    7. Latane, Henry A & Rendleman, Richard J, Jr, 1976. "Standard Deviations of Stock Price Ratios Implied in Option Prices," Journal of Finance, American Finance Association, vol. 31(2), pages 369-381, May.
    8. Chiras, Donald P. & Manaster, Steven, 1978. "The information content of option prices and a test of market efficiency," Journal of Financial Economics, Elsevier, vol. 6(2-3), pages 213-234.
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    Cited by:

    1. Calum G. Turvey, 2010. "Biography," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 70(1), pages 5-20, May.
    2. Stinson, Thomas F. & Coggins, Jay S. & Ramezani, Cyrus A., 1998. "Was Fair Fair To U.S. Corn Growers? An Analysis Of The Payments Offered To Corn Growers Under The 1996 Federal Agricultural Improvement And Reform Act," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20984, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Hall, Joyce A. & Brorsen, B. Wade, 1989. "The Policy Implications of Corn and Soybean·Supply Response to Risk," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270502, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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