Publications

April 2021
Supplement

Exercise for Revlon: Surviving Covid-19

By: Kristin Mugford and Sarah Gulick

Exercise for Revlon: Surviving Covid-19 View Details

Keywords: Leveraged Buyouts; Insolvency and Bankruptcy; Financial Liquidity; Bonds; Corporate Finance; Borrowing and Debt; Financial Services Industry; Financial Services Industry; United States

January 2008
Background Note

Equity Derivatives

By: Joshua Coval and Erik Stafford

The goal of these simulations is to understand the dynamic replication technique behind the Black-Scholes/Merton options model. The simulations focus on a single stock and a risk-free discount bond, which are used to replicate a contingent payoff. The underlying stock... View Details

Keywords: Equity; Bonds; Stocks; Price; Risk Management

Educators

October 2013 (Revised December 2013)
Teaching Note

Blackstone and the Sale of Citigroup's Loan Portfolio Teaching Note

By: Victoria Ivashina and David Scharfstein

Keywords: Derivatives; Bankruptcy; Credit Derivatives and Swaps; Private Equity; Restructuring; Insolvency and Bankruptcy; Banks and Banking; Financial Services Industry; Financial Services Industry

Kravis, along with his partners Kohlberg and Roberts, was instrumental in legitimizing the use of leveraged buy-outs for underperforming organizations. Kravis did not just specialize in orchestrating LBOs, he constantly pushed the... View Details

Keywords: Finance

Sigfried Weis

Weis was instrumental in managing the growth of Weis Markets, often noted as the most profitable supermarket chain in the United States. Weis took the company public in 1965 and went on to produce over 25 consecutive years of successful... View Details

Keywords: Retail

May 17, 2000
Article

New Stock Option Rules

By: David F. Hawkins

Keywords: Financial Instruments; Stock Options; Governing Rules, Regulations, and Reforms

spring 1974
Article

The Optimality of a Competitive Stock Market

By: Robert C. Merton and Marti G. Subrahmanyam

Keywords: Competition; Stocks; Markets

December 2010 (Revised July 2011)
Supplement

DoubleClick, Inc.: Additional Paid-in-CapitalStock Options

By: David F. Hawkins

Income statement and balance sheet consequences of DoubleClick adoption of the fair value method to account for stock options. View Details

Keywords: Accounting; Stock Options

December 1982 (Revised November 2006)
Background Note

Note on Futures Contracts

By: David E. Bell

Provides an introduction to futures contracts, what they are, what their use in hedging is, and their usefulness in providing forecasts. Also covers basic risk. Includes a list of commodities currently traded in futures markets and the necessary properties of a... View Details

Keywords: Futures and Commodity Futures

Educators

October 1972
Article

A Dynamic Model for Bond Portfolio Management

By: D. B. Crane and S. P. Bradley

Keywords: Bonds; Investment; Management