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从定量的角度分析了可分离交易可转换债券的价值构成,并在股票价格服从对数正态分布的条件下,利用Martingle Pricing方法推导出其定价公式.
From the quantitative point of view, the paper analyzes the value composition of separable transaction convertible bonds, and deduces its pricing formula by using the Martingle Pricing method under the condition that the stock price follows the logarithm normal distribution.