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A Comprehensive Literature Review on Pricing Equity Warrants Using Stochastic Approaches
2021
Universal Journal of Accounting and Finance
Prior studies revealed that most researchers tend to employ the Black Scholes model to price equity warrants. However, the Black Scholes model was found deficient by contributing to large estimation errors and mispricing of equity warrants. Therefore, issues involving equity warrants are discussed in this paper, by focusing on specific topics and respective stochastic models to provide a basis for improvements in future research. In recent years, stochastic approaches have been used to a great
doi:10.13189/ujaf.2021.090314
fatcat:4spvbcpr5naklb24abvlnlepju