In the information-based pricing framework of Brody, Hughston & Macrina, the market filtration {F t } tÏ0 {Ft}tÏ0 is generated by an information process {ξ t } tÏ0 {ξt}tÏ0 defined in such a way that at some fixed time T an F T FT -measurable random variable X T XT is "revealed". A cash...

type="main" xml:lang="en" <p>This paper uses three basic results to address three problems. The first problem concerns the pricing of corporate bonds, when in the event of default the claim of the bond holders is on the principal of the bond plus accrued interest. The second concerns the pricing of...</p>

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