Stochastic Model for Pricing Normal Bonds when Maturity Periods Cross Over to Pandemic Period
Sulaiman Sani1 & Siphelele Lushaba2 Show affiliations
- Department of Mathematics, University of Eswatini, Swaziland
- Sales and Audit, Eswatini Coca-Cola Beverages Company, Swaziland
Journal of Mathematics and Statistics, Volume 19, Issue 1, pp. 13–19 · doi.org/10.3844/jmssp.2023.13.19
Abstract
In this study, Ito form for normal bonds trading where maturity periods cross over to COVID-19 pandemic period is presented. It is shown that normal bonds in this period experience path reversals respective to their canonical paths. The criterion used in arriving at this striking result is also presented. As a key recommendation, it is necessary that bondholders enact flexible pricing laws that strengthen the issuer to continue trading in the present COVID-19 pandemic time through the reverse path identified in this study.
Licence and reuse
Open access. This article is licensed under a Creative Commons Attribution 4.0 International Licence (CC BY 4.0), as printed on the article, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original authors and the source. No permission is needed.
How to reuse this articleResponses (0)
About this article
Sani, S. & Lushaba, S. (2023). Stochastic Model for Pricing Normal Bonds when Maturity Periods Cross Over to Pandemic Period. Journal of Mathematics and Statistics, 19(1), 13–19. https://doi.org/10.3844/jmssp.2023.13.19
- Licence
- CC BY 4.0
- Issue
- Volume 19, Issue 1
- Policies
- Editorial independenceUse of generative AIData availabilityAppeals and complaints
- Version
- Version of record