HIGHLIGHTS
- who: JEL Classification G and colleagues from the of Business and, Brno University of Technology, Brno, Czech Republic University of Warmia and Mazury in Olsztyn, Olsztyn, Poland have published the article: Technological and Economic Development of Economy, in the Journal: (JOURNAL)
- what: The authors propose a novel approach to valuing the risk that the issuer will use the right to buy back the bond at a specific call price. The modular character of calculation the authors propose allows the authors to take into account additional information such as probable behaviour of the issuer available opportunities . . .
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