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Leverage, options liabilities, and corporate bond pricing

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  • Hongming Huang
  • Yildiray Yildirim

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  • Hongming Huang & Yildiray Yildirim, 2008. "Leverage, options liabilities, and corporate bond pricing," Review of Derivatives Research, Springer, vol. 11(3), pages 245-276, October.
    • Handle: RePEc:kap:revdev:v:11:y:2008:i:3:p:245-276
    DOI: 10.1007/s11147-008-9028-8
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    Cited by:

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    2. Issouf Soumaré & Ernest Tafolong, 2017. "Risk-based capital for credit insurers with business cycles and dynamic leverage," Quantitative Finance, Taylor & Francis Journals, vol. 17(4), pages 597-612, April.

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    More about this item

    Keywords

    Default risk; Capital structure; Options; G13; G33;
    All these keywords.

    JEL classification:

    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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