Description: On the maturity date of debt, if the market value of corporate assets is higher than the value of corporate debt (default point), the equity value of the company is the difference between the market value of corporate assets and the value of debt; if the value of corporate assets is lower than the value of corporate debt at this time, the company will sell all assets to repay the debt, and the equity value will become zero.
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File list (Check if you may need any files):
Filename | Size | Date |
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KMV方程 | 0 | 2014-06-18
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KMV方程\Eqfun.m | 94 | 2010-01-10
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KMV方程\EstAssetValue.m | 180 | 2009-05-15
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KMV方程\KMVcompute.m | 662 | 2012-09-12
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KMV方程\KMVfun.m | 219 | 2009-05-15
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KMV方程\KMVOptSearch.m | 275 | 2009-08-04
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KMV方程\Untitled3.m | 94 | 2010-01-10 |