black_schiles {convertbonds}

Black Schiles Model function Calculating Function Using the Black-Schiles Option Pricing Model

Description

Black Schiles Model function Calculating Function Using the Black-Schiles Option Pricing Model

Usage

black_schiles(
  mode = 1,
  current_price,
  stock_price,
  conver_price,
  stock_var,
  time,
  interest_rate,
  netdebt_value
)

Arguments

mode

Two calculation methods, respectively 1 and 2

current_price

Current price of convertible bonds

stock_price

Positive stock price

conver_price

Conversion price

stock_var

Standard deviation of annualized rate of return for underlying stocks

time

Expiration time (annualized remaining period)

interest_rate

Risk-free continuous compound interest rate

netdebt_value

Pure debt value

Value

Option value per share(numeric)

Examples

result<-black_schiles(mode=1,current_price=122.82,
 stock_price=5.9,conver_price=5.43,stock_var=0.2616,time=1.353,
 interest_rate=0.018482, netdebt_value=104.05)