...John Rozycki; Inchul Suh Purpose The purpose of this paper is to examine the short-term and long-term wealth effects of two share repurchase motivations. Design/methodology/approach The authors use a multi-period numerical model and a Monte Carlo simulation. The Monte Carlo simulation...

... packages which can deal with uncertainty are both complex and expensive. Uses a theoretical company to demonstrate how a normal Excel spreadsheet can be used in conjunction with a common add‐on package (@RISK) to improve analysis and run Monte Carlo simulations as a basis for decision making. Compares...

... to the standard pricing models, using a combination of Monte Carlo simulation and the backward finite difference method to apply it to data on house prices, income and interest rates for 62 US metropolitan areas. Discusses the results which suggest that prepayment risk dominates default risk in all except very...

..., Academic Press, 1989. [LX] Liu, J.-G. & Xu, Y., Horizon analysis and risk management for mortgagebacked securities In preparation. 109 Accounting research Mathematics Monte Carlo simulation Mortgages Pricing © MCB UP Limited 1998 ...