Showing 1 - 1 of 1
In this paper we report on a new class of derivative products which we refer to as 'equity-linked savings products' (ELSPs). ELSPs require investors to pay periodic installments in return for a predefined equity-linked payoff at maturity. We discuss the structuring, hedging, pricing and...
Persistent link: https://www.econbiz.de/10012740638