An Empirical Research on the Model of the Right in Additional Allocation of Stocks

摘要

How to define the value of the Right in Additional Al location of Stocks (RAAS) acts an important role in stock markets whether or not the shareholders execute the right. Moreover, the valuation defining of RAAS an d the exercise price (K) are mutual cause and effect. Based on some literatures on this subject, this paper presents a model valuing the RAAS per-share. With t he opening information in ShenZheng Stock Markets, we make a simulation on the R AAS’s value of shenwuye, which is a shareholding corporation appearing in the ma rket. At last, we have a discussion on the simulation method.