How is the redemption right on delisting of underlying shares held by holder in the convertible bond valued?
As title, If there is no delisting constraint, then I can treat the redemption right as the put right on the convertible bond. If there is redemption right on delisting, what is the conventional ...
I would like to ask a question about the valuation of convertible bond using binomial tree. It is known that the CB can be valued as debt and equity component using risky and risk-free interest rate ...