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Applied Mathematical Finance Volume 22, 2015 - Issue 6
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Original Articles

A Reduced-Form Model for Valuing Bonds with Make-Whole Call Provisions

Min ParkCollege of Business, Albany State University, Albany, GA31705, USA
&
Steven P. ClarkBelk College of Business, University of North Carolina Charlotte, Charlotte, NC28223-0001, USACorrespondence[email protected]
Pages 499-521 | Received 23 Jun 2014, Accepted 28 Aug 2015, Published online: 08 Nov 2015

References

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  • Mann, S. V., and E. A. Powers. 2003. “Indexing a Bond’s Call Price: An Analysis of Make-Whole Call Provisions.” Journal of Corporate Finance 9: 535–554.
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