2171数理金融中等数值题medium
Infer the Structural Default Put 1
题目
In a Merton-style structural view, firm assets are worth 120, the present value of promised debt is 97, and the observed equity value is 28.5. What risky debt value and what implied default put value on the assets are consistent with this decomposition?
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你的答案
Risky debt
implied default put