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What Next?

In: Absence of Arbitrage Valuation

Author

Listed:
  • Paskalis Glabadanidis

Abstract

Consider the so-called “death spiral” convertible. This is an example of the contingent convertible (COCO) securities widely proposed as a potential solution for automatic equity recapitalization of troubled banks following the financial crisis of 2008.

Suggested Citation

  • Paskalis Glabadanidis, 2014. "What Next?," Palgrave Macmillan Books, in: Absence of Arbitrage Valuation, chapter 9, pages 137-141, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-37287-1_9
    DOI: 10.1057/9781137372871_9
    as

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