| As a kind of derivative securities, Convertible bond has been developed for a long time. Along with the way of financing of local enterprise in china diversifying, it has been more important in the recent capital market. But the study on the convertible bond in china is in the original stage, especially on the pricing of convertible bond.In this thesis, basing on the deeply research on the characteristics of the convertible bond, the author analyses and quantifies the parts of convertible bond price construction. The emphasis of the research in the thesis is put on the aspect of the value of bond and option involved in convertible bond. By this, the pattern of convertible bond pricing is comes out and the conclusion is validated with the case of "Minsheng Bank".At last, the author issues and sums up the problem need more research about convertible bond. |
