Browsing by Subject "Options"
Now showing items 1-4 of 4
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The case of accounting treatment of options in the South African agricultural sector
(Babes-Bolyai University of Cluj Napoca, 2011)The main objective of the study is to investigate the accounting treatment of commodity options in the South African agricultural sector. Option contracts fall within the definition of a derivative as defined by IAS 39. ... -
Extensions and applications of Merton’s model of capital structure
(North-West University, 2017)Merton’s structural model offers a powerful and intuitively appealing approach to the evaluation of a firm’s capital structure choices and market behaviour across a firm’s issued debt and equity securities. Historical ... -
The performance of debt and equity markets in Anglo American Plc and BHP Billiton Plc in the period 2006 to 2015 through the lens of Merton’s structural model
(AOSIS, 2019)This article applies the Merton structural model in evaluating the performance of the debt and equity markets in Anglo American Plc and BHP Billiton Plc in the period 2006 to 2015. We consider statistical and economic ... -
Performance of two zero-cost derivative strategies under different market conditions
(Taylor & Francis, 2018)Zero-cost collars are option-based strategies which—by matching prices received and paid for the component derivatives—provide costless protection for stock or index investments. The investors’ risk appetite determines ...
