binomial tree pricing model

基本解释

After compared with other traditional pricing methods, find out that the Binomial Tree Model is more effective in Convertible Bonds pricing.
然後通過對傳統的可轉債的定價方法的比較得出二叉樹模型在可轉債定價中具有很強的實用性。
This paper firstly reviews the pricing theories of Convertible Bonds, compared with other pricing methods, Binomial Tree Model is more effective in Convertible Bonds pricing.
本文首先對可轉債的定價理論進行了廻顧，通過比較看到二叉樹模型在我國可轉債定價中具有很強的實用性；
In Chapter 2, we compare the classic theory about option pricing in convertible bond. We clarified the reason of using binomial -tree model.
第二章比較和歸納了可轉換債券期權部分價格確定的經典理論，闡明了本文採用二叉樹模型的原因。