The guaranteed redemptionprice is offered by the borrower to the holder if the warrant is not exercised.
指借款人提供给持券人在认股权证不履行时的担保赎回价格。
2
Finally, this paper studies the theoretical price and hedging strategy of the insured mutual fund redemption value program and variable annuity incorporating guaranteed minimum accumulation benefit.
最后,本文从理论上讨论保险的共同基金兑现价值计划和含最低积累受益的可变年金的定价和对冲策略。
3
When the funds is redeemed in a large scale, the liquidity risk of open-end funds will take place, which leads to a vicious circle between the funds redemption and the stock price decline.