This paper provides a structural valuation model for exchangeable convertible bonds, since such bonds are widespread by now. The model is solved through the Hopscotch finite difference method. As the issuer owns the underlying shares, exchangeable convertibles may be called and the exchange...

The dairy sector is an important segment of the Brazilian agribusiness. From the demand side, dairy products are the second most important in terms of household expenditure on food. From the supply side, Brazil is the 4th largest country in milk production with more than 32 billion liters per...

In modernized economy the role of system of professional education as bases of formation of the offer on a labor market belongs the especially significant. Strengthening of orientation of vocational school on requirement of regional economy can be provided on the basis of a formulation of the...

In the modern economy, the role of vocational education system as of the basis for the supply creating at the labor market is particularly important. Strengthening professional school orientation to the needs of the regional economy can be achieved through the formulation of the institutional...