IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v80y1966i1p48-59..html
   My bibliography  Save this article

The Valuation of Convertible Securities

Author

Listed:
  • William J. Baumol
  • Burton G. Malkiel
  • Richard E. Quandt

Abstract

I. Introduction, 48. — II. A preliminary model for the valuation of convertible bonds, 49. — III. Statistical implementation of the model, 51. — IV. Altering the assumptions, 54. — V. Summary comment, 59.

Suggested Citation

  • William J. Baumol & Burton G. Malkiel & Richard E. Quandt, 1966. "The Valuation of Convertible Securities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(1), pages 48-59.
    • Handle: RePEc:oup:qjecon:v:80:y:1966:i:1:p:48-59.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1880578
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Song-Ping Zhu & Jing Zhang, 2012. "How should a convertible bond be decomposed?," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 35(2), pages 113-149, November.
    2. Rainer Lauterbach & Isabell Welpe & Jan Fertig, 2007. "Performance differentiation: cutting losses and maximizing profits of private equity and venture capital investments," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 21(1), pages 45-67, March.
    3. Ronald G. Storey & Cecil R. Dipchand, 1978. "Factors Related To The Conversion Record Of Convertible Securities: The Canadian Experience 1946–1975," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 1(1), pages 71-83, December.
    4. Jonathan A. Batten & Karren Lee-Hwei Khaw & Martin R. Young, 2014. "Convertible Bond Pricing Models," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 775-803, December.
    5. Zhou, Qi-Yuan & Wu, Chong-Feng & Feng, Yun, 2007. "Decomposing and valuing callable convertible bonds: a new method based on exotic options," MPRA Paper 7421, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:80:y:1966:i:1:p:48-59.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.