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Brownian motion. Finally, we derive pricing bounds for convertible bonds in an uncertain volatility model, i.e. when the … volatility of the firm value process lies between two extreme values. -- Convertible bond ; game option ; uncertain volatility …
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bounds for convertible bonds are derived in an uncertain volatility model, i.e. when the volatility of the stock price …
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spot prices, although only in the short run. Moreover, financial activity appears to have exacerbated the volatility in the …
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