Considering the dilution after the bond convertible be into shares, It gives the reset convertible bonds pricing formula with O-U process model using the martingale pricing method. Finally, It gives a sensitivity analysis through Monte Carlo simulation about the various parameters on the resetting of the convertible bonds.
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唐文杰. O-U模型下考虑稀释作用的重置可转换债券定价研究[J]. 科学技术与工程, 2013, 13(6): . tangwenjie. Research on the pricing of reset convertible bond considering the dilution effect with O-U process[J]. Science Technology and Engineering,2013,13(6).
