Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 14 March 2006
Length: 9 pages
Data source: Published sources
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Abstract
Involves the initial public offering of a firm's stock. The offering includes a money-back guarantee to investors from the issuing firm which comes in the form of a 'put' option. Option valuation is thus an important issue in this case.
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Abstract
Involves the initial public offering of a firm's stock. The offering includes a money-back guarantee to investors from the issuing firm which comes in the form of a 'put' option. Option valuation is thus an important issue in this case.