Francis, Jack Clark; Bali, Rakesh - In: Journal of Applied Corporate Finance 13 (2000) 1, pp. 128-136
This paper presents a synthesis of innovations in the slicing and dicing of cash flows of a share of a firm's common stock. It begins by discussing PRIMEs and SCOREs, then Unbundled Stock Units (USUs), and finally three proposed hybrid equity options called DIVS, OWLS, and RISKS. 2000 Morgan...