We use a contingent claims framework for valuing the the default and prepayment embedded options in certain British fixed-rate endowment mortgages, with a ... JA Azevedo-Pereira,DP Newton,DA Paxson - 《Journal of Real Estate Finance & Economics》 被引量: 52发表: 2003年 加载更多来源...
1.A computer-implemented method for comparing patent values between jurisdictions, wherein each jurisdiction comprises respective local laws that may affect the patent values, the computer-implemented method comprising:estimating, by a computer system, patent values for at least a first group of patents...
Not surprisingly, a large portion of unstandardized derivatives issued by commercial banks comes in the type of forward agreements and I or options, with a foreign currency as the underlying asset. Because those derivatives are "tailormade", they often have characteristics for which they can be ...
If GBM had been used, the valuation would have been a 72% annual return, an unrealistic result in this context, due to the non-consideration of the seasonal mean-reverting prices process. Keywords: land agronomic potential; Ornstein–Uhlenbeck process; real options; sustainable land use JEL ...