Valuing Convertible Bonds Based on LSRQM Method

Table 3

Estimates of parameters in convertible bond pricing model.

Name	𝑎	𝑏̂	𝑐̂	𝑑	𝜎1	𝜎2
XGZZ	0.0351	0.1264	0.0693	0.05694	0.2534	0.1053
BHZZ	0.0492	0.0588	0.1042	0.1257	0.3291	0.0859