Are Negative Option Prices Possible? The Callable U.S. Treasury-Bond Puzzle

• 1 January 1992
• journal article
• Published by University of Chicago Press in The Journal of Business
• Vol. 65  (4) , 571
• https://doi.org/10.1086/296586

Abstract

Keywords

• OPTION PRICES
• NEGATIVE OPTION
• CALLABLE U.S
• BOND PUZZLE
• TREASURY BOND