Papin, Timothée - Université Paris-Dauphine (Paris IX) - 2013
embedded prepayment option. A loan contract issued by a bank for its corporate clients is a financial agreement that often … include e.g., a prepayment option (which entitles the client, if he desires so, to pay all or a fraction of its loan earlier … than the maturity). The prepayment is the main option and it will be study in this thesis. In order to decide whether the …