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HDR vs HDRWMA vs HDRWMB which is best value? Answer. The...

  1. 672 Posts.
    HDR vs HDRWMA vs HDRWMB which is best value? Answer. The relative market price of all 3 is consistent. Your answer depends on desired leverage.

    This is my latest warrant valuation spreadsheet-->

    http://home.mindspring.com/~smstuart/myfiles/hdrwma_and_b.xls

    You must run the macros for the Black and Scholes component to work. I use a mix of binary & B&S to come up with the values.

    (USE AT YOUR OWN RISK, I MAKE NO GUARANTEES ABOUT ACCURACY)
 
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