Determining pledged loan-to-value ratio: an option pricing perspective
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DOI: 10.1186/s40854-015-0015-4
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References listed on IDEAS
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Cited by:
- Jenny Jing Wang & Jianfu Shen & Frederik Pretorius, 2023. "Valuing options to renew at future market value: the case of commercial property leases," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-35, December.
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Keywords
Pledged loan; Loan-to-value ratio; Put option; Term structure of pledged ratio; Value volatility of pledge;All these keywords.
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