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