A simple approximation of the value of callable convertible preferred stock

Financial Management

Volumn 25, Issue 2, 1996, Pages 74-85

  Ramanlal, Pradipkumar ^a   Mann, Steven V ^a   Moore, William T ^a  

^a UNIVERSITY OF SOUTH CAROLINA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040304853     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.2307/3665990     Document Type: Article

References (14)

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4. Brennan, M. and E. Schwartz, 1980, "Analyzing Convertible Bonds," Journal of Financial and Quantitative Analysis (November), 907-929.
5. Coleman, T., L. Fisher, and R. Ibbotson, 1989, U.S. Treasury Yield Curves 1926-1988, New York, NY, Moody's Investors Service, Inc.
6. Constantinides, G. and B. Grundy, 1987, "Call and Conversion of Corporate Bonds: Theory and Evidence," University of Chicago working paper.
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10. Ferreira, E. J., M. F. Spivey, and C. E. Edwards, 1992, "Pricing Newissue and Seasoned Preferred Stocks: A Comparison of Valuation Models," Financial Management (Summer), 52-62.
11. Ingersoll, J., 1977, "A Contingent-Claims Valuation of Convertible Securities," Journal of Financial Economics (May), 289-321.
12. Mauer, D.C., A. Barnea, and C. Kim, 1991, "Valuation of Callable Bonds under Progressive Personal Taxes and Interest Rate Uncertainty," Financial Management (Summer), 50-59.
13. Merton, R., 1974, "On the Pricing of Corporate Debt: The Risk Structure of Interest Rates," Journal of Finance (May), 449-470.
14. Stein, J. C., 1992, "Convertible Bonds as Backdoor Equity Financing," Journal of Financial Economics (August), 3-21.