Tan, Xiaoyu; Zhang, Zili; Zhao, Xuejun; Wang, Shuyi - In: Financial innovation : FIN 8 (2022), pp. 1-38
Convertible bonds are an important segment of the corporate bond market, however, as hybrid instruments, convertible … variables. Moreover, the most challenging problem in convertible bond valuation is the underlying stock return process modeling …-driven convertible bonds pricing model, which is inspired by the recent success of generative adversarial networks (GAN), to address the …