Xiao, Wei-Lin; Zhang, Wei-Guo; Yao, Zheng; Wang, Xiao-Hui - In: Economic Modelling 31 (2013) C, pp. 635-641
Unlike options, warrant issuance changes the distribution of the stock price process. Indeed, firms issuing warrants are also debt financed. In this situation, it is natural to consider the distribution of the stock price process for a firm, which is debt–warrant combination. This paper is...